Orrstown Financial Services Inc

ORRF is exhibiting a clear lower-high, lower-low sequence under Stage 4 continuation, with price rejecting key EMAs and accelerating lower. The medium-term bias is bearish and short-term timing favors selling into rallies up to the 9/20/50 EMA confluence. While the long-term trend remains structurally positive with a rising 200 DMA, downside risk dominates until a reversal of the structural sequence. Execution is recommended on any bounce into broken intermediate moving averages.

• ↑Q1 net income $21.8M ($1.12 EPS) with ROE at 14.76%
• ↑Annualized loan growth of 4% and $98.7M deposit increase
• ↓Net interest margin slid to 3.90% in Q1 from 4.00% last quarter