OR

ORVR3.SA

$17.63
Sharia status
COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.83%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Orizon Valorização de Resíduos S.A. (ORVR3.SA) is currently considered halal (Sharia-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

Market & analysts
Price target
$23.40
+32.7% · 9 analysts
Institutional own.
34.7%
of shares
COMPLIANT
Sharia compliance
0.83%
Non-permissible income — HTR, from filings (2025-12-31)
$23.40
Price target (+32.7%) · 9 analysts
34.7%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ORVR3.SA files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 24.28% 30.00% Pass
Interest-bearing investments 9.61% 30.00% Pass
Non-permissible income 0.83% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 54.28% 33.00% Fail
Interest-bearing investments 21.48% 33.00% Pass
Non-liquid assets 71.96% at least 20.00% Pass
Non-permissible income 0.83% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 54.28% 33.33% Fail
Cash + interest-bearing securities 21.48% 33.33% Pass
Accounts receivable 28.04% 33.33% Pass
Non-permissible income 0.83% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 54.28% 33.33% Fail
Cash + interest-bearing securities 21.48% 33.33% Pass
Accounts receivable 28.04% 50.00% Pass
Non-permissible income 0.83% 5.00% Pass

Dow Jones Islamic Market Pass

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 32.50% 33.00% Pass
Cash + interest-bearing securities 12.86% 33.00% Pass
Accounts receivable 3.93% 33.00% Pass
Non-permissible income 0.83% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 37.62% 33.00% Fail
Cash + interest-bearing securities 14.89% 49.00% Pass
Accounts receivable 4.55% 49.00% Pass
Non-permissible income 0.83% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 37.62% 33.33% Fail
Cash + interest-bearing securities 14.89% 33.33% Pass
Accounts receivable 19.44% 49.00% Pass
Non-permissible income 0.83% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

20.9719.0517.1215.2013.272025-09-112026-03-132026-09-09

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
16.73
S2
16.97
S1
17.24
PIVOT
17.48
R1
17.75
R2
17.99
R3
18.26

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
15.2501 17.4499
±6.73% from 16.35, made 2026-09-02 · resolves 2026-09-09
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21853 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
9 buy · 0 neutral · 3 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)61.60NEUTRAL
Stochastic %K (14)89.82SELL
CCI (20)180.64SELL
Williams %R (14)-10.18SELL
MACD (12,26,9)0.24BUY
ROC (10)6.51BUY
Momentum (10)1.07BUY
EMA (10)16.88BUY
SMA (10)16.75BUY
EMA (20)16.76BUY
SMA (20)16.31BUY
EMA (30)16.91BUY
SMA (30)16.66BUY
EMA (50)17.30BUY
SMA (50)17.48BUY
EMA (100)17.74SELL
SMA (100)18.56SELL
EMA (200)17.23BUY
SMA (200)18.02SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Orizon Valorização de Resíduos S.A.

Industrials · Waste Management

Orizon Valorização de Resíduos S.A. operates as a waste recovery process company. It engages in ecoparks: disposal of solid waste; energy and renewable gas, circular economy, co-processing, CDR and reverse manufacturing, production of organic fertilizers, energy recovery unit, and carbon credits. The company also offers recovery of degraded areas, remediation of contaminated areas, environmental diagnosis and monitoring, waste management, cleaning environmental, and cleaning of oil industry tank services, as well as Uses biogas for energy generation. The company was formerly known as Haztec Investimentos e Participações S.A. and changed its name to Orizon Valorização de Resíduos S.A. in August 2020. Orizon Valorização de Resíduos S.A. was founded in 1999 and is based in São Paulo, Brazil. Orizon Valorização de Resíduos S.A. subsidiary of Inovatec Participações S.A.

orizonvr.com.br ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.