Free Orora Ltd. (ORA) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
21 Nov / Daily
Category/Currency
Stocks/USD
Exchange/Country
XASX/Australia

Orora Ltd. (ORA) signal with technical analysis on 21 Nov

On 21 Nov, we conducted a comprehensive technical analysis of Orora Ltd. (ORA), considering 256 signals with intricate details. Here are the key findings: 115 signals suggested buy strategies, while 30 indicated sell strategies. The remaining 111 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 30
Sell Signals: 9
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 34
Sell Signals: 2
Neutral Signals: 28
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 27
Sell Signals: 6
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 24
Sell Signals: 13
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 115
Sell Signals: 30
Neutral Signals: 111
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Orora Ltd. (ORA) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Orora Ltd. (ORA) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Orora Ltd. (ORA) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Orora Ltd. (ORA) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 16.24%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Orora Ltd. (ORA)** holdings.

Orora Ltd. (ORA) Price Analysis and Resistance Levels:

Given our current long position in Orora Ltd. (ORA), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (2.75): The primary hurdle is the 2.75 price level. If the prevailing trend remains unchanged, Orora Ltd. (ORA) could break above this level, indicating its strength and potential for further growth.

Second resistance level (2.906): If the upward trend shows significant strength, Orora Ltd. (ORA) may cross the second resistance level at 2.906, signaling a significant upside move and a promising direction for our position.

Third resistance level (2.97): For a more comprehensive analysis, we should consider a scenario where Orora Ltd. (ORA) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Orora Ltd. (ORA) to reach the third resistance level at 2.97.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Orora Ltd. (ORA), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Orora Ltd. (ORA) technical analysis chart

Orora Ltd. (ORA) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 2.75 2.906 2.97 3.672 --
Support 2.35 2.24 2.055 1.87 --
 Orora Ltd. (ORA) Support and Resistance area (21 Nov)

Orora Ltd. (ORA) signals list for 21 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Orora Ltd. (ORA) candlestick patterns on 21 Nov

Today's Orora Ltd. (ORA) Candle Patterns List:

Harami Pattern

Orora Ltd. (ORA) technical analysis over the past days

# Date Overal Signals ALL Signals
1 20 Nov Hold HoldHoldHoldHold
2 19 Nov Buy HoldHoldBuyBuy
3 18 Nov Buy BuyHoldNeutralNeutral
4 15 Nov Hold NeutralHoldNeutralNeutral
5 14 Nov Hold HoldHoldNeutralHold
6 13 Nov Neutral HoldBuyNeutralNeutral
7 12 Nov Hold HoldNeutralNeutralHold
8 11 Nov Hold NeutralHoldHoldHold
9 08 Nov Hold NeutralHoldHoldHold
10 07 Nov Hold HoldHoldHoldHold
11 06 Nov Hold HoldHoldHoldHold
12 05 Nov Hold HoldHoldHoldHold
13 04 Nov Hold HoldHoldHoldHold
14 01 Nov Hold HoldHoldHoldHold
15 31 Oct Hold HoldHoldHoldHold
16 30 Oct Hold HoldHoldHoldHold
17 29 Oct Hold HoldHoldHoldHold
18 28 Oct Hold HoldHoldHoldHold
19 25 Oct Hold HoldHoldHoldHold
20 24 Oct Hold HoldHoldHoldHold
21 23 Oct Hold HoldHoldHoldHold
22 22 Oct Sell SellHoldHoldHold
23 21 Oct Buy BuyHoldHoldHold
24 18 Oct Hold NeutralHoldHoldHold
25 17 Oct Hold HoldHoldHoldHold
26 16 Oct Sell SellHoldHoldHold
27 15 Oct Hold NeutralHoldHoldHold
28 14 Oct Hold HoldHoldHoldHold
29 11 Oct Sell HoldHoldHoldSell
30 10 Oct Hold HoldHoldHoldNeutral

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