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 03/23/2021 (GMT)

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  • Timeframe : 1H
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 482.62 USD
My targets
495.40 USD (+0.61%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on O REILLY AUTOMOTIVE INC. as long as the price remains well above 482.62 USD. The buyers” bullish objective is set at 495.40 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2

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.

This analysis was given by renierlemmens. 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 492.42 USD. The price has increased by +0.32% since the last closing and was traded between 490.25 USD and 495.78 USD over the period. The price is currently at +0.44% from its lowest and -0.68% from its highest.

490.25
495.78
492.42

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

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



Technical


A technical analysis in 1H of this O REILLY AUTOMOTIVE INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 449.89 464.40 482.62 492.42 495.40
Change (%) -8.64% -5.69% -1.99% - +0.61%
Change -42.53 -28.02 -9.80 - +2.98
Level Major Minor Major - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard477.31481.03485.94489.66494.57498.29503.20
Camarilla488.47489.26490.05490.84491.63492.42493.21
Woodie477.90481.33486.53489.96495.16498.59503.79
Fibonacci481.03484.33486.37489.66492.96495.00498.29


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard463.90470.45479.28485.83494.66501.21510.04
Camarilla483.87485.28486.69488.10489.51490.92492.33
Woodie465.03471.02480.41486.40495.79501.78511.17
Fibonacci470.45476.33479.96485.83491.71495.34501.21


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard387.94406.72427.02445.80466.10484.88505.18
Camarilla436.58440.17443.75447.33450.91454.50458.08
Woodie388.71407.10427.79446.18466.87485.26505.95
Fibonacci406.72421.65430.87445.80460.73469.95484.88

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): 60.83
MACD (12,26,9): 2.6900
Directional Movement: 9.95
AROON (14): 92.86
DEMA (21): 492.09
Parabolic SAR (0,02-0,02-0,2): 486.35
Elder Ray (13): 3.58
Super Trend (3,10): 483.31
Zig ZAG (10): 494.54
VORTEX (21): 1.1600
Stochastique (14,3,5): 92.23
TEMA (21): 493.14
Williams %R (14): -3.70
Chande Momentum Oscillator (20): 10.87
Repulse (5,40,3): 0.7600
ROCnROLL: 1
TRIX (15,9): 0.0700
Courbe Coppock: 3.57
MA7: 486.56
MA20: 469.80
MA50: 460.35
MA100: 455.83
MAexp7: 491.83
MAexp20: 488.55
MAexp50: 483.61
MAexp100: 476.16
Price / MA7: +1.20%
Price / MA20: +4.81%
Price / MA50: +6.97%
Price / MA100: +8.03%
Price / MAexp7: +0.12%
Price / MAexp20: +0.79%
Price / MAexp50: +1.82%
Price / MAexp100: +3.41%

Quotes : 2021-03-23 14:53:40 - 15 min delayed data - NASDAQ Stocks

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

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