Ohr Pharmaceutical Inc. (OHRP) Technical Analysis
NASDAQ:OHRP
Current stock price
OHRP Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to OHRP. 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 trading in the upper part of its 52 week range, so OHRP is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OHRP Weekly and Daily overview Charts
OHRP Setup Rating and Analysis
Although OHRP has an excellent technical rating, it does not present a decent entry opportunity 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
OHRP Support and Resistance Analysis
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.
OHRP Technical Indicator Signal Analysis
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. |
OHRP Chart- and CandleStick Pattern Analysis
OHRP Technicals: Chart, Performance Metrics, Trend & Indicators
5.39
+1.25 (+30.19%)
Ohr Pharmaceutical Inc. / OHRP TA 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.
Can you provide the RSI signal for Ohr Pharmaceutical Inc.?
Ohr Pharmaceutical Inc. (OHRP) has an RSI value of 77.7574. This indicates that the stock is currently overbought.
What is the short term momentum for OHRP stock?
The short term momentum for Ohr Pharmaceutical Inc. (OHRP) is positive.
What is the support and resistance level for OHRP stock?
Ohr Pharmaceutical Inc. (OHRP) has a support level at 3.27. Check the full technical report for our detailed analysis of OHRP support and resistance levels.