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Archive - 5/23/2025 - Sign In to see current Signals. |
O'Reilly Automotive Inc. (ORLY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the O'Reilly Automotive Inc. (ORLY). During the week, the ORLY gave back -7.29 points, or -0.53%, and closed at 1374.37 on Friday, May 23, 2025. Weekly volume was -25% below average.
Long-term trend: [See ORLY long-term trend chart] A long-term uptrend had started on March 23, 2020 at 251.52 and reached 1458.00 on April 3, 2025. ORLY gained -1206.48 points, or -479.68%, in 262 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (1180.15) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See ORLY medium-term trend chart] A medium-term uptrend had started on May 29, 2024 at 947.49 and reached 1458.00 on April 3, 2025. ORLY gained -510.51 points, or -53.88%, in 44 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 1327.19 and resistance is at 1541.42. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See ORLY weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since May 2, 2025. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See ORLY short-term trend chart] A short-term downtrend had started on May 2, 2025 at 1438.27 and reached 1308.41 on May 12, 2025. ORLY lost 129.86 points, or 9.03%, in 10 days. The price is now at the 50.79% retracement level.
Daily Technical Indicators: [See ORLY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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