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O REILLY AUTOMOTIVE INC.
O REILLY AUTOMOTIVE INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ORLY
ISIN:

O REILLY AUTOMOTIVE INC. - 1H - Technical analysis published on 02/13/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 1,009.74 USD
My targets
1,057.22 USD (+1.91%)
1,074.04 USD (+3.53%)
My analysis
A bullish trend on O REILLY AUTOMOTIVE INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 1,009.74 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1,057.22 USD. Then the price could move towards 1,074.04 USD. Be careful, a return below 1,009.74 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The O REILLY AUTOMOTIVE INC. price is 1,037.38 USD. The price has increased by +1.07% since the last closing and was between 1,025.00 USD and 1,041.72 USD. This implies that the price is at +1.21% from its lowest and at -0.42% from its highest.

1,025.00
1,041.72
1,037.38

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by O REILLY AUTOMOTIVE INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of O REILLY AUTOMOTIVE INC. in 1H shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 995.92 1,009.74 1,035.94 1,037.38 1,057.22 1,074.04
Change (%) -4.00% -2.66% -0.14% - +1.91% +3.53%
Change -41.46 -27.64 -1.44 - +19.84 +36.66
Level Minor Major Major - Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,009.321,013.091,019.741,023.511,030.161,033.931,040.58
Camarilla1,023.531,024.481,025.441,026.391,027.351,028.301,029.26
Woodie1,010.761,013.811,021.181,024.231,031.601,034.651,042.02
Fibonacci1,013.091,017.071,019.531,023.511,027.491,029.951,033.93


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard933.98971.63998.731,036.381,063.481,101.131,128.23
Camarilla1,008.011,013.951,019.891,025.821,031.761,037.691,043.63
Woodie928.70968.99993.451,033.741,058.201,098.491,122.95
Fibonacci971.63996.371,011.651,036.381,061.121,076.401,101.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard809.44861.97942.51995.041,075.581,128.111,208.65
Camarilla986.46998.651,010.851,023.051,035.251,047.451,059.64
Woodie823.45868.97956.521,002.041,089.591,135.111,222.66
Fibonacci861.97912.80944.21995.041,045.871,077.281,128.11

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 54.10
MACD (12,26,9): -1.9100
Directional Movement: 5.37
AROON (14): 50.00
DEMA (21): 1,027.62
Parabolic SAR (0,02-0,02-0,2): 1,011.20
Elder Ray (13): 6.39
Super Trend (3,10): 1,045.96
Zig ZAG (10): 1,036.87
VORTEX (21): 1.1300
Stochastique (14,3,5): 78.29
TEMA (21): 1,028.72
Williams %R (14): -19.51
Chande Momentum Oscillator (20): 7.11
Repulse (5,40,3): 0.6600
ROCnROLL: 1
TRIX (15,9): -0.0700
Courbe Coppock: 0.21
MA7: 1,040.70
MA20: 1,031.48
MA50: 985.42
MA100: 962.31
MAexp7: 1,032.15
MAexp20: 1,031.27
MAexp50: 1,034.88
MAexp100: 1,029.58
Price / MA7: -0.32%
Price / MA20: +0.57%
Price / MA50: +5.27%
Price / MA100: +7.80%
Price / MAexp7: +0.51%
Price / MAexp20: +0.59%
Price / MAexp50: +0.24%
Price / MAexp100: +0.76%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on O REILLY AUTOMOTIVE INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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