ORLY Strong Bear Breakout With Candles Confirming DistributionO'Reilly Automotive, Inc.BATS:ORLYstingrayeaORLY 28/02/2026 💰 93.32 🟢 Strong BEAR 33.33% at 2x 🟢(33.3%):🔴(66.7%) ⏳Clarity:46% Retrace:-0.7% Bounce:3.6% 5x 💥 BO+ The bears have taken control of this chart with a clean structural breakdown. Multi-timeframe count shows 16 green versus 35 red across 112 signals. Higher timeframe trend confirms the damage at 6 green to 8 red. EMA structure has flipped bearish at 2 green to 3 red meaning the trend backbone is breaking down across multiple timeframes. Ichi TK adds further downside weight at 4 green to 7 red. Candles are the most convincing part of this read. The count is heavily bearish at 2 green versus 12 red which tells you price action is actively deteriorating not just drifting. Pattern totals lean bearish at 1 green to 5 red with 3 bearish harami, 2 bearish star, and 1 bullish engulf. The sheer number of bearish patterns stacking up shows consistent selling pressure across multiple timeframes. SS/DD at 2 to 6 confirms sellers are dominating the structure and delivery cycles. The strong breakout classification at 5x with BO+ status means this is not a simple pullback. This is a structural breakdown that has momentum behind it. Spread sits at 37.3% strong so the move has covered meaningful ground but has not reached extreme extension yet. Price is at the 54.5th percentile mid range between 90.29 and 95.85. That mid range positioning is important because it means there is room for further downside before reaching the lower boundary. Retrace at -0.7% is shallow and bounce at 3.6% shows only minor buyer resistance. Momentum is bearish with downward direction at bandwidth 1.09%. No squeeze forming so the move is unfolding organically through trend rather than compression release. Volume is quiet but the internals are deteriorating. Vol Z at -0.84 is quiet with 49 volume and 4.57K dollar volume. Momentum is negative at -0.69 decelerating which means selling volume was already present and is now accelerating downward. Bull Bear Z readings at -0.59 and -0.44 are both clearly negative showing bears are outpacing bulls on volume participation. This is one of the more convincing volume profiles for a bearish case. OBV Z at 1.88 with inflow direction is the one reading that does not fit the bearish thesis. Accumulation is still structurally positive which suggests some buyers are positioning at lower levels. This could mean the breakdown has a floor somewhere near the 90.29 range low where accumulated interest sits. If OBV starts rolling over and flipping to outflow the bearish case strengthens considerably. If inflow holds the 90 area could produce a bounce attempt. No futures data available so this is a spot only read. The trend is bearish with candle confirmation and volume participation which is a cleaner setup than most. Shorts are justified on retrace toward the 94 to 95 zone with stops above the 95.85 range high. The 90.29 floor is the first target. The OBV inflow is the risk factor for shorts. If accumulation holds at the range low expect a bounce attempt rather than a clean breakdown below 90. Watch for OBV direction to flip to outflow as confirmation that the structural floor is giving way. Until then trade the range with a bearish bias but respect the 90 level as potential support. More analysis on my profile. 🎯 Target: 1K Followers 👉 Follow: stingrayea