Octopus Renewables Infrastructure Trust Plc (GB:ORIT)
LSE:ORIT
UK Market
Holding GB:ORIT?
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Octopus Renewables Infrastructure Trust Plc (ORIT) Technical Analysis

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Technical Sentiment

Overall Consensus
Buy
13Bullish
4Neutral
5Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Moving Averages Convergence Divergence (MACD) indicator is 0.48, suggesting Octopus Renewables Infrastructure Trust Plc is a Buy.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 20-Day exponential moving average is 74.05, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 74.9p, making it a Buy.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 50-Day exponential moving average is 73.35, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 74.9p, making it a Buy.

Octopus Renewables Infrastructure Trust Plc (ORIT) Pivot Points

Aug 24, 2024, 11:07 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
72.10
73.00
73.80
74.70
75.50
76.40
77.20
Fibonacci
73.00
73.65
74.05
74.70
75.35
75.75
76.40
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

Aug 24, 2024, 11:07 PM
Period
Simple
Exponential
MA5
74.24Buy
74.40Buy
MA10
74.52Sell
74.37Buy
MA20
74.10Buy
74.05Buy
MA50
72.67Buy
73.35Buy
MA100
72.42Buy
74.00Buy
MA200
77.90Sell
77.50Sell
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 10-Day exponential moving average is 74.37, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 74.9p, making it a Buy.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) 100-Day exponential moving average is 74.00, while Octopus Renewables Infrastructure Trust Plc’s (ORIT) share price is 74.9p, making it a Buy.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 74.9p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 50-day simple moving average is 72.67, creating a Buy signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 74.9p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 100-day simple moving average is 72.42, creating a Buy signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) stock price is 74.9p and Octopus Renewables Infrastructure Trust Plc’s (ORIT) 200-day simple moving average is 77.90, creating a Sell signal.

Octopus Renewables Infrastructure Trust Plc (ORIT) Technical Indicators

Aug 24, 2024, 11:07 PM
Name
Value
Implied Action
RSI (14)
54.62
Neutral
STOCH (9,6)
53.94
Neutral
STOCHRSI (14)
57.89
Neutral
MACD (12,26)
0.48
Buy
ADX (14)
18.87
Buy
Williams %R
-36.84
Buy
CCI (14)
106.75
Sell
ATR (14)
2.39
-
Ultimate Oscillator
49.59
Neutral
ROC
-0.27
Sell
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Relative Strength Index (RSI) is 54.62, creating a Neutral signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Trend Strength Indicator (ADX) is 18.87, creating a Buy signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Commodity Channel Index (CCI) is 106.75, creating a Sell signal.
Octopus Renewables Infrastructure Trust Plc’s (ORIT) Price Rate of Change (ROC) is -0.27, creating a Sell signal.

FAQ

Is ORIT a Buy, Hold, or Sell?
Based on ORIT’s technical indicators, ORIT is a Buy.
    What is ORIT’s RSI (14)?
    ORIT’s RSI (14) is 54.62, which suggests ORIT is a Neutral.
      What is ORIT’s MACD?
      ORIT’s MACD is 0.48, which suggests ORIT is a Buy.
        What is ORIT’s 5-day moving average?
        ORIT’s 5-day moving average is 74.24, which suggests ORIT is a Buy.
          What is ORIT’s 20-day moving average?
          ORIT 20-day moving average is 74.10, which suggests ORIT is a Buy.
            What is ORIT’s 50-day moving average?
            ORIT’s 50-day moving average is 72.67, which suggests ORIT is a Buy.
              What is ORIT’s 200-day moving average?
              ORIT’s 200-day moving average is 77.90, which suggests ORIT is a Sell.
                What is ORIT’s Williams % R (14)?
                ORIT’s Williams % R (14) is -36.84, which suggests ORIT is a Buy.
                  What is ORIT’s CCI (14)?
                  ORIT’s CCI (14) is 106.75, which suggests ORIT is a Sell.
                    What is the share price of Octopus Renewables Infrastructure Trust Plc?
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