Technical Analysis for IX - Orix Corp Ads

Grade Last Price % Change Price Change
D 106.05 0.93% 0.98
IX closed down 0.27 percent on Tuesday, May 7, 2024, on 52 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.93%
NR7 Range Contraction 0.93%
Narrow Range Bar Range Contraction 0.93%
Inside Day Range Contraction 0.93%
Overbought Stochastic Strength 0.93%
20 DMA Support Bullish 0.66%
Stochastic Reached Overbought Strength 0.66%
Overbought Stochastic Strength 0.66%
Up 3 Days in a Row Strength 0.66%
Crossed Above 20 DMA Bullish 1.33%

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Profile

Orix Corp Ads Description

ORIX Corporation provides financial solutions to corporate and retail clients. Its Corporate Financial Services segment engages in lending, leasing, and commission business for the sale of financial products. The company's Maintenance Leasing segment is involved in automobile leasing, rental, and car sharing; lease and rental of precision measuring and information technology related equipment; and technical support, sale of software packages, calibration, and asset management. Its Real Estate segment develops and leases office buildings, commercial properties, logistics centers, and residential condominiums; and develops and operates hotels, Japanese inns, aquariums, golf courses, training and nursing care facilities, baseball stadiums, and theaters, as well as provides asset management and real estate finance, REIT asset management, and real estate investment advisory services. The company's Investment and Operation segment engages in loan servicing, principal investment, merger and acquisition advisory, venture capital, and securities brokerage activities. Its Investment and Operation segment is involved in the collection and disposal of waste from end-of-lease assets; and renewable energy source operations, such as megasolar projects and roof top power generation, as well as invests in non-performing loans and private equity; and collects and manages commercial mortgage-backed securities. The company's Retail segment engages in life insurance, banking, and card loan businesses. Its Overseas Business segment is involved in leasing, lending, investment in bonds, investment banking, and ship- and aircraft-related operations in the United States, Asia, Oceania, and Europe. ORIX Corporation has a strategic alliance with GT Capital Holdings Inc. and First Metro Investment Corporation. The company was formerly known as Orient Leasing Co., Ltd. and changed its name to ORIX Corporation in 1989. ORIX Corporation was founded in 1964 and is headquartered in Tokyo, Japan.


Classification

Sector: Financial Services
Industry: Credit Services
Keywords: Banking Real Estate Investment Trust Financial Products Investment Bank Life Insurance Asset Management Investment Banking Venture Capital Investment Advisory Services Securities Brokerage Real Estate Finance Loan Servicing Golf Courses Stadiums Baseball Calibration Energy Source Renting Retail Clients Software Package Software Packages Car Sharing

Is IX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 113.43
52 Week Low 83.56
Average Volume 18,243
200-Day Moving Average 96.71
50-Day Moving Average 106.06
20-Day Moving Average 103.65
10-Day Moving Average 103.54
Average True Range 1.62
RSI (14) 52.83
ADX 11.8
+DI 31.31
-DI 27.03
Chandelier Exit (Long, 3 ATRs) 104.41
Chandelier Exit (Short, 3 ATRs) 105.81
Upper Bollinger Bands 106.51
Lower Bollinger Band 100.78
Percent B (%b) 0.75
BandWidth 5.53
MACD Line -0.41
MACD Signal Line -0.72
MACD Histogram 0.3185
Fundamentals Value
Market Cap 24.25 Billion
Num Shares 231 Million
EPS 8.06
Price-to-Earnings (P/E) Ratio 13.04
Price-to-Sales 0.01
Price-to-Book 0.94
PEG Ratio 0.00
Dividend 85.60
Dividend Yield 81.47%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 105.94
Resistance 3 (R3) 105.95 105.68 105.80
Resistance 2 (R2) 105.68 105.46 105.67 105.75
Resistance 1 (R1) 105.37 105.32 105.24 105.36 105.70
Pivot Point 105.10 105.10 105.03 105.09 105.10
Support 1 (S1) 104.79 104.88 104.66 104.78 104.44
Support 2 (S2) 104.52 104.74 104.51 104.39
Support 3 (S3) 104.21 104.52 104.35
Support 4 (S4) 104.20