NYSE:ORM
Delisted

Owens Realty Mortgage, Inc Stock Forecast

$21.75
+0 (+0%)
At Close: Apr 23, 2019
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Tuesday for Owens Realty Mortgage, Inc stock after losing 0%
(Updated on Apr 23, 2019)

Buy or Hold candidate since Apr 18, 2019 PDF

No changes to the price of Owens Realty Mortgage, Inc stock on the last trading day (Tuesday, 23rd Apr 2019). During the last trading day the stock fluctuated 0% from a day low at $21.75 to a day high of $21.75. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Owens Realty Mortgage, Inc stock with a 90% probability to be traded between $20.59 and $22.61 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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ORM Signals & Forecast

The Owens Realty Mortgage, Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.75 and $21.69. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, March 26, 2019, and so far it has fallen -0.0460%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Owens Realty Mortgage, Inc stock

Owens Realty Mortgage, Inc finds support from accumulated volume at $21.54 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $20.88 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 17 days ago.)

Trading Expectations (ORM) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect Owens Realty Mortgage, Inc to open at $21.75, and during the day (based on 14 day Average True Range), to move between $21.60 and $21.90, which gives a possible trading interval of +/-$0.153 (+/-0.70%) up or down from last closing price. If Owens Realty Mortgage, Inc takes out the full calculated possible swing range there will be an estimated 1.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $21.54 (0.97%) than the resistance at $22.03 (1.29%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Owens Realty Mortgage, Inc stock A Buy?

Owens Realty Mortgage, Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.042 Hold/Accumulate Unchanged

Predicted Opening Price for Owens Realty Mortgage, Inc of Wednesday, April 24, 2019

Fair opening price April 24, 2019 Current price
$21.75 ( 0%) $21.75

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ORM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.75 .
R2 21.75 .
R1 21.75 .
Current price: 21.75
Support S1 21.75 .
S2 21.75 .
S3 21.75 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.91 5.33 %
R2 22.48 3.36 %
R1 22.03 1.29 %
Current price 21.75
Support S1 21.54 -0.97%
S2 21.50 -1.15%
S3 21.03 -3.31%

FAQ

What is the symbol for Owens Realty Mortgage, Inc Stock and on which exchange is it traded?
The symbol for Owens Realty Mortgage, Inc is ORM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Owens Realty Mortgage, Inc Stock?
Owens Realty Mortgage, Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Owens Realty Mortgage, Inc Stock?
Owens Realty Mortgage, Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Owens Realty Mortgage, Inc Stock.

What's the current price of Owens Realty Mortgage, Inc Stock?
As of the end of day on the 2019-04-23, the price of an Owens Realty Mortgage, Inc (ORM) share was $21.75.

What is the 52-week high and low for Owens Realty Mortgage, Inc Stock?
The 52-week high for Owens Realty Mortgage, Inc Stock is $22.95 and the 52-week low is $14.87.
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