ORN NEWS why is Orion Group Holdings, Inc. price falling or rising

ORN NEWS reasons for why stock price of Orion Group Holdings, Inc. is falling or rising

ORN Orion Group is falling or rising technical reasons

Technical analysis forecast for Orion Group Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Orion Group ORN at this time. Stock is falling and might fall more.

It appears as if Orion Group ORN gave a large move recently.

Stock of Orion Group (ORN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Orion Group is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.5 as stoploss in an intra day buy trade for a target of 9.88. However, stock will show a bearish move below 8.5.

ORN Orion Group is falling or rising NEWS fundamental reasons

Corn Bulls Taking Friday Off Corn futures are trading with 8 to 9 ½ cent losses so far on Friday, as modest gains from this week are being faded at week-end. Rain forecasts in the Eastern part of the Corn Belt have shifted a little further east, with western portions of IL seeing l - NEWS as on 2024-07-26 nasdaq.com

Corn Bulls Streaking Higher Corn futures rounded out the Thursday session with contracts closing 1 ¼ to 3 ½ cents in the green. That took the bulls winning streak to 4 days. The Western Corn Belt remains dry for the next week. Rain forecasts in the Eastern part of the Corn Belt h - NEWS as on 2024-07-25 nasdaq.com

Corn Continue Strength on Wednesday Corn futures rounded out the midweek session with contracts showing fractional to 2 cent gains across most contracts. The Western Corn Belt remains dry for the next week, with some mild showers expected in the three main Eastern Corn Belt States. The weekl - NEWS as on 2024-07-24 nasdaq.com

Corn Price Rally Extended on Tuesday Corn prices settled mostly ½ to 2 ¼ cents higher on Tuesday, extending Monday’s rally and closing above some initial technical resistance levels such as the 18-day moving average. Prices did back off from midday levels, when they had been 4 to 5 cents - NEWS as on 2024-07-23 nasdaq.com

More announcements and NEWS

ORN Orion Group Holdings, Inc. current price & indicator signals

Moving Averages for Orion Group Holdings, Inc.

  • 5Day Average: 10.19
  • 12Day Average: 10.37
  • 20Day Average: 9.62
  • 50Day Average: 9.65
  • 100Day Average: 8.95
  • 150Day Average: 7.88
  • 200Day Average: 7.11

ORN Indicators & signals

Indicator MACD (12,26,9)

9.97, 9.81, 0.3
Indicator MACD is in positive zone

Indicator ADX (14)

29.17, 20.48, 37.35
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 38
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of ORN Orion Group Holdings, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 8.54 8.01 to 8.93 7.96% 1.8 times
25 Thu Jul 2024 7.91 7.67 to 9.08 -28.35% 3.02 times
24 Wed Jul 2024 11.04 10.96 to 11.70 -6.99% 0.93 times
23 Tue Jul 2024 11.87 11.30 to 12.12 2.24% 0.83 times
22 Mon Jul 2024 11.61 11.47 to 11.96 2.2% 0.91 times
19 Fri Jul 2024 11.36 11.01 to 11.60 2.25% 0.35 times
18 Thu Jul 2024 11.11 10.98 to 11.61 0.36% 0.57 times
17 Wed Jul 2024 11.07 10.87 to 11.61 -2.12% 0.72 times
16 Tue Jul 2024 11.31 10.20 to 11.34 10.45% 0.9 times
15 Mon Jul 2024 10.24 9.80 to 10.39 6.33% 0.93 times
12 Fri Jul 2024 9.63 8.84 to 9.68 9.81% 0.85 times
11 Thu Jul 2024 8.77 8.41 to 8.84 4.03% 0.44 times

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ORN NEWS why is Orion Group Holdings, Inc. price falling or rising

 

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