Orix Technical Analysis (NYSE:IX)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The IX stock chart pattern can give those who understand technical analysis an indication of which way IX stock is headed, but cannot predict with 100% certainty as to what can happen to the Orix stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Orix. The technical analysis form of Orix stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Orix Moving Average
Moving averages show the IX stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $84.84 is above the price of $81.28.
Orix Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the IX stock. Orix bollinger bands show that the stock price is $81.28, upper band is 87.91, lower band is 81.77, and the average is 84.84.
Orix Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Orix MACD line is above the signal line.
Orix Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of IX stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.