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ORLY Stock Forecast & O'Reilly Automotive Chart Analysis

This article provides a detailed analysis of ORLY-O'Reilly Automotive stock including a forecast for ORLY shares. It features O'Reilly Automotive, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ORLY Historical Data Review

ORLY Current Price Performance Analysis

The O'Reilly Automotive - ORLY stock traded on the American stock market, on 06-05-2024, closed at 976.86$ with a %0.68 increased compared to the previous day.

In the last month, the price of ORLY changed by %-3.86 decreased in value, from 1016.09 dollars on 05-06-2024 to 976.86 dollars, decreased.

Last year, the price of ORLY was 885.93 dollars on 06-06-2023, and changed by %10.26 increased in value, to 976.86 dollars increased within a year.

The price of O'Reilly Automotive stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

ORLY with AI Stock Forecast & Price Target

ORLY stock forecast O'Reilly Automotive price target

On the ORLY chart O'Reilly Automotive price was recorded as 976.86 Dollars on 06/05/2024.

The artificial intelligence's forecast on ORLY stock is as follows.

The artificial intelligence's prediction error margin for ORLY stock is moderate.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for O'Reilly Automotive stock over the next 4 months is: 976.0 Dollars.

The commentary on ORLY stock Target Price: Highest: 1024.657 Dollars is predicted.

The commentary on ORLY stock Target Price: Lowest: 898.418 Dollars is predicted.

Resistance Price where O'Reilly Automotive stock will Rise and Fall:

Date Price Prediction
08-19-2024 905.874
10-18-2024 992.661
12-12-2024 1015.064
02-20-2025 1024.657

Support Price where O'Reilly Automotive stock will Fall and Rise:

Date Price Prediction
07-25-2024 898.418
08-29-2024 905.694
11-07-2024 986.641
01-06-2025 1003.796
03-27-2025 978.473

The commentary on ORLY stock: The target price can generally be said to be on the rise.

The commentary on ORLY stock: Fluctuations in the target price can be expected in the coming days.

The target price for O'Reilly Automotive stock by the end of 2024 is predicted to be 1009.462 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ORLY stock, and the 2024 target price predictions for O'Reilly Automotive are detailed above.

The technical analysis and charts for the commentary on ORLY stock are below.

ORLY Support & Resistance and Trend Analysis

ORLY review O'Reilly Automotive technical analysis trend chart ORLY priceORLY stock support and resistance price chart

ORLY stock you have reviewed the technical analysis support resistance charts regarding.

ORLY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ORLY review, the O'Reilly Automotive support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

O'Reilly Automotive Support and Resistance Prices:

ORLY Support Level Price ORLY Resistance Level Price
914.50 988.00
936.06 988.16
952.89 990.07
965.49 995.07
990.12 1005.96
1005.78 1033.74
1009.29 1074.04
1071.57 1112.37
1120.41
1121.99
1169.11

ORLY Technical Analysis: SMA, RSI, MACD

ORLY review O'Reilly Automotive SMA chart analysis ORLY priceORLY buy or sell review O'Reilly Automotive MACD chart analysis ORLY price

Upon reviewing the ORLY chart, buy and sell signals have been generated in the O'Reilly Automotive technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for ORLY stock are as follows:
  1. ORLY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for O'Reilly Automotive gave a 'Buy' signal when the RSI was at 24.929, with the current RSI value at 36.165.
  3. The technical analysis for ORLY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  4. The technical analysis for O'Reilly Automotive issued a 'Buy' signal when the MACD was at -21.768, with the current MACD value being: -21.768

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.