Technical Analysis for ORN - Orion Marine Group Inc

Grade Last Price % Change Price Change
D 7.41 0.89% 0.07
ORN closed down 7.79 percent on Thursday, April 25, 2024, on 2.91 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: May 6
*** 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 Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.89%
Expansion Pivot Sell Setup Bearish Swing Setup 0.89%
Hammer Candlestick Bullish 0.89%
Wide Range Bar Range Expansion 0.89%
Gapped Down Weakness 0.89%
Lower Bollinger Band Touch Weakness 0.89%
Oversold Stochastic Weakness 0.89%
Crossed Above 50 DMA Bullish -6.97%
Pocket Pivot Bullish Swing Setup -6.97%
Strong but Oversold Other -6.97%

   Recent Intraday Alerts

Alert Time
Up 3% about 3 hours ago
Down 1% about 3 hours ago
Up 2% about 3 hours ago
Up 1% about 3 hours ago
Lower Bollinger Band Support about 3 hours ago

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Profile

Orion Marine Group Inc Description

Orion Marine Group, Inc. operates as a marine specialty contractor serving the heavy civil marine infrastructure market. The company provides marine construction and specialty services on, over, and under the water along the Gulf Coast, the Atlantic Seaboard, the West Coast, Alaska, and Canada, as well as the Caribbean Basin, the Middle East, and Australia. Its marine construction services include construction of marine transportation facilities, marine pipelines, bridges and causeways, and marine environmental structures. The company's marine transportation facility construction projects comprise public port facilities for container ship loading and unloading, cruise ship port facilities, private terminals, special-use Navy terminals, recreational use marinas and docks, and other marine-based facilities. Its marine pipeline service projects consist of the installation and removal of underwater buried pipeline transmission lines; installation of pipeline intakes and outfalls for industrial facilities; construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; and creation of hot taps and tie-ins, as well as inspection, maintenance, and repair services. The company's bridge and causeway projects include the construction, repair, and maintenance of overwater bridges and causeways; and marine environmental structure projects primarily comprise the installation of concrete mattresses to promote erosion protection, construction of levees to contain environmental mitigation projects, and the installation of geotubes for wetlands and island creation. In addition, it offers dredging services; and specialty services, including salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair. The company serves federal, state, and municipal governments, as well as private commercial and industrial enterprises. The company was founded in 1994 and is headquartered in Houston, Texas.


Classification

Sector: Industrials
Industry: Engineering & Construction
Keywords: Transport Construction Services Mattress Marine Transportation Mattresses Towing Geotechnical Engineering Salvage Container Ship Cruise Ship Navy Directional Drilling Michels Corporation Surveying Transportation Facilities Dredging Facility Construction Submarine Pipeline

Is ORN 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 9.84
52 Week Low 2.35
Average Volume 386,749
200-Day Moving Average 5.47
50-Day Moving Average 7.82
20-Day Moving Average 8.25
10-Day Moving Average 7.81
Average True Range 0.58
RSI (14) 40.48
ADX 19.67
+DI 18.85
-DI 37.90
Chandelier Exit (Long, 3 ATRs) 7.81
Chandelier Exit (Short, 3 ATRs) 7.90
Upper Bollinger Bands 9.27
Lower Bollinger Band 7.23
Percent B (%b) 0.05
BandWidth 24.78
MACD Line -0.11
MACD Signal Line 0.03
MACD Histogram -0.1459
Fundamentals Value
Market Cap 238.48 Million
Num Shares 32.5 Million
EPS -0.57
Price-to-Earnings (P/E) Ratio -12.88
Price-to-Sales 0.28
Price-to-Book 1.58
PEG Ratio 1.39
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.70
Resistance 3 (R3) 9.58 8.66 9.31
Resistance 2 (R2) 8.66 8.06 8.72 9.18
Resistance 1 (R1) 8.00 7.69 7.54 8.13 9.05
Pivot Point 7.09 7.09 6.86 7.15 7.09
Support 1 (S1) 6.43 6.48 5.97 6.55 5.63
Support 2 (S2) 5.51 6.11 5.57 5.50
Support 3 (S3) 4.85 5.51 5.37
Support 4 (S4) 4.98