RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ORNAV.HE
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Stronger technical forecast for Orion Oyj stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Hold candidate since Mar 27, 2024 PDF

The Orion Oyj stock price gained 0.727% on the last trading day (Wednesday, 27th Mar 2024), rising from 34.40€ to 34.65€. During the last trading day the stock fluctuated 1.61% from a day low at 34.15€ to a day high of 34.70€. The price has fallen in 6 of the last 10 days and is down by -3.21% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 thousand more shares were traded than the day before. In total, 5 thousand shares were bought and sold for approximately 163.48€ thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -19.04% during the next 3 months and, with a 90% probability hold a price between 27.34€ and 30.57€ at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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ORNAV.HE Signals & Forecast

There are mixed signals in the stock today. The Orion Oyj stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 34.71€ and 37.21€. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 1.76%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Orion Oyj has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Orion Oyj stock

Orion Oyj finds support from accumulated volume at 34.60€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved 0.550€ (1.61%) between high and low. For the last week, the stock has had daily average volatility of 1.52%.

Our recommended stop-loss: 32.69€ (-5.65%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (ORNAV.HE) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Orion Oyj to open at 34.50€, and during the day (based on 14 day Average True Range), to move between 33.99€ and 35.31€, which gives a possible trading interval of +/-0.664€ (+/-1.92%) up or down from last closing price. If Orion Oyj takes out the full calculated possible swing range there will be an estimated 3.83% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 34.60€ (0.14%) than the resistance at 37.65€ (8.66%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Orion Oyj stock A Buy?

Orion Oyj 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.490 Hold/Accumulate Upgraded

Predicted Opening Price for Orion Oyj of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
34.50€ ( 0.433%) 34.65€

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

Trading levels for ORNAV.HE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.05 1.15 %
R2 34.84 0.548 %
R1 34.71 0.173 %
Current price: 34.65
Support S1 34.29 -1.04 %
S2 34.16 -1.41 %
S3 33.95 -2.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 39.85 15.01 %
R2 39.70 14.57 %
R1 37.65 8.66 %
Current price 34.65
Support S1 34.60 -0.144%
S2 34.55 -0.289%
S3 34.40 -0.722%

ORNAV Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 15, 2024 Oct 15, 2024 Oct 23, 2024 0.81€ 2.34%
2 Mar 21, 2024 Mar 21, 2024 Mar 21, 2024 0€ 0%
3 Mar 23, 2023 Mar 23, 2023 Mar 23, 2023 1.60€ 3.86%
4 Mar 24, 2022 Mar 24, 2022 Mar 24, 2022 1.50€ 3.74%
5 Mar 26, 2021 Mar 26, 2021 Mar 26, 2021 1.50€ 4.05%

FAQ

What is the symbol for Orion Oyj Stock and on which exchange is it traded?
The symbol for Orion Oyj is ORNAV.HE and it is traded on the OMXH (Helsinki Stock Exchange).

Should I buy or sell Orion Oyj Stock?
Orion Oyj 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

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

What's the current price of Orion Oyj Stock?
As of the end of day on the 2024-03-27, the price of an Orion Oyj (ORNAV.HE) share was 34.65€.

What is the 52-week high and low for Orion Oyj Stock?
The 52-week high for Orion Oyj Stock is 47.30€ and the 52-week low is 33.95€.

What is the market capitalization of Orion Oyj Stock?
As of the 2024-03-27, the market capitalization of Orion Oyj is 4.935B.
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About Orion Oyj

Orion Oyj Orion Oyj develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, other European countries, North America, and internationally. It provides prescription drugs and self-care products, including Nubeqa for the treatment of prostate cancer; dexdor and Precedex for intensive care sedative; Stalevo and Comtess/Comtan for Parkinson's disease; Simdax for acute decompe... ORNAV.HE Profile

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