Price has probably bottomed but the chart hasn't confirmed that. There are some signals that suggest a final bottom at $1.02 are possible but I'd be waiting to see if price breaks and closes below $3.75. If it does I'd see more falls ahead. Remember this is a stock that has lost 80% of its value since its all time high. Price has been in a downtrend since the end of December 2019 (the run up from March for 11 weeks didn't form a technical uptrend). Price is making lower peaks and troughs on the weekly chart. No chart signals for a buy here. If price was to rise and close for 2 consecutive weeks above the black downtrend line on the chart and make a higher trough followed by a higher peak on the weekly chart, then it could be worth looking at and a rise above $6.50 would be a clear sign of higher prices ahead. That said, I've never had much luck with ORG so I steer clear of it. It makes regular upthrusts in downtrends, only to turn down and catch you out. If you've got good charting skills it'll help.
Origin Chart, page-4
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Last
$10.83 |
Change
0.050(0.46%) |
Mkt cap ! $18.65B |
Open | High | Low | Value | Volume |
$10.71 | $10.89 | $10.68 | $30.72M | 2.838M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3759 | $10.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.84 | 32114 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 16295 | 10.800 |
2 | 34105 | 10.790 |
2 | 21129 | 10.780 |
2 | 19566 | 10.770 |
2 | 1001 | 10.750 |
Price($) | Vol. | No. |
---|---|---|
10.840 | 29642 | 3 |
10.850 | 8429 | 2 |
10.860 | 15326 | 1 |
10.870 | 17401 | 3 |
10.880 | 18089 | 3 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
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ORG (ASX) Chart |