Taking everything into account, OHRP scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OHRP is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month OHRP has a been trading in the 3.03 - 5.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, OHRP did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- OHRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OHRP is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OHRP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.21
We found 1 important support area.
- A support zone ranging from 3.24 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OHRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OHRP is up. |
| ChartMill Relative Strength | 98.94 | POSITIVE | OHRP has a high relative strength, it outperformed 98.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OHRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OHRP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OHRP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.76 | OVERBOUGHT | The high RSI value suggests OHRP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests OHRP has a positive trend. |
| Stochastics (14,3) | 62.4 | NEUTRAL | The Stochastics value for OHRP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.13 | HIGH VOLATILITY | The high ATR as a percentage value for OHRP suggests high volalility. |
5.39
+1.25 (+30.19%)
Ohr Pharmaceutical Inc. / OHRP FAQ
What is the technical rating for OHRP stock?
ChartMill assigns a technical rating of 8 / 10 to OHRP.
Can you provide the trend direction for Ohr Pharmaceutical Inc.?
The current trend direction for Ohr Pharmaceutical Inc. (OHRP) is Bullish.
What is the RSI signal for Ohr Pharmaceutical Inc. (OHRP) stock?
Ohr Pharmaceutical Inc. (OHRP) has an RSI value of 77.7574. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Ohr Pharmaceutical Inc.?
The MACD indicator for Ohr Pharmaceutical Inc. (OHRP) has a value of 0.126136, indicating a bearish trend.
What is the buy/sell signal for OHRP stock?
The buy/sell signal for Ohr Pharmaceutical Inc. (OHRP) is buy as both the short term and long term trends are positive.