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Octopus Renewables Infrastructure Trust Plc (GB:ORIT)
LSE:ORIT
UK Market

Octopus Renewables Infrastructure Trust Plc (ORIT) Technical Analysis

15 Followers

Technical Sentiment

Overall Consensus
Sell
6Bullish
3Neutral
13Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
1Bullish
0Neutral
11Bearish
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Moving Averages Convergence Divergence (MACD) indicator is -2.66, suggesting Octopus Renewables Infrastructure Trust Plc is a Buy.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 20-Day exponential moving average is 74.28, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 71.6p, making it a Sell.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 50-Day exponential moving average is 78.03, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 71.6p, making it a Sell.

Octopus Renewables Infrastructure Trust Plc (ORIT) Pivot Points

Apr 26, 2024, 10:48 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
68.43
69.37
70.23
71.17
72.03
72.97
73.83
Fibonacci
69.37
70.05
70.48
71.17
71.85
72.28
72.97
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Octopus Renewables Infrastructure Trust Plc (ORIT) Moving Averages

Apr 26, 2024, 10:48 PM
Period
Simple
Exponential
MA5
71.06Buy
71.26Sell
MA10
71.49Sell
72.16Sell
MA20
75.09Sell
74.28Sell
MA50
78.34Sell
78.03Sell
MA100
83.23Sell
81.13Sell
MA200
84.32Sell
84.23Sell
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 10-Day exponential moving average is 72.16, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 71.6p, making it a Sell.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 100-Day exponential moving average is 81.13, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 71.6p, making it a Sell.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 71.6p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 50-day simple moving average is 78.34, creating a Sell signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 71.6p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 100-day simple moving average is 83.23, creating a Sell signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 71.6p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 200-day simple moving average is 84.32, creating a Sell signal.

Octopus Renewables Infrastructure Trust Plc (ORIT) Technical Indicators

Apr 26, 2024, 10:48 PM
Name
Value
Implied Action
RSI (14)
25.63
Buy
STOCH (9,6)
19.34
Buy
STOCHRSI (14)
8.96
Buy
MACD (12,26)
-2.66
Buy
ADX (14)
45.96
Neutral
Williams %R
-91.18
Buy
CCI (14)
-73.39
Neutral
ATR (14)
2.46
-
Ultimate Oscillator
33.95
Neutral
ROC
-9.66
Sell
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Relative Strength Index (RSI) is 25.63, creating a Buy signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Trend Strength Indicator (ADX) is 45.96, creating a Neutral signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Commodity Channel Index (CCI) is -73.39, creating a Neutral signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Price Rate of Change (ROC) is -9.66, creating a Sell signal.

FAQ

Is ORIT a Buy, Hold, or Sell?
Based on ORIT’s technical indicators, ORIT is a Sell.
    What is ORIT’s RSI (14)?
    ORIT’s RSI (14) is 25.63, which suggests ORIT is a Buy.
      What is ORIT’s MACD?
      ORIT’s MACD is -2.66, which suggests ORIT is a Buy.
        What is ORIT’s 5-day moving average?
        ORIT’s 5-day moving average is 71.06, which suggests ORIT is a Buy.
          What is ORIT’s 20-day moving average?
          ORIT 20-day moving average is 75.09, which suggests ORIT is a Sell.
            What is ORIT’s 50-day moving average?
            ORIT’s 50-day moving average is 78.34, which suggests ORIT is a Sell.
              What is ORIT’s 200-day moving average?
              ORIT’s 200-day moving average is 84.32, which suggests ORIT is a Sell.
                What is ORIT’s Williams % R (14)?
                ORIT’s Williams % R (14) is -91.18, which suggests ORIT is a Buy.
                  What is ORIT’s CCI (14)?
                  ORIT’s CCI (14) is -73.39, which suggests ORIT is a Neutral.
                    What is the share price of Octopus Renewables Infrastructure Trust Plc?
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