O2MICRO INTERNATIONAL-ADR (OIIM) Technical Analysis
NASDAQ:OIIM • US67107W1009
Current stock price
OIIM Technical Rating and Analysis
Overall OIIM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OIIM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- A new 52 week high is currently being made by OIIM, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so OIIM is leading the market.
- In the last month OIIM has a been trading in the 4.47 - 4.93 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that OIIM is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- OIIM is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 64% of 115 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
OIIM Weekly and Daily overview Charts
OIIM Setup Rating and Analysis
OIIM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OIIM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
OIIM Support and Resistance Analysis
2.91
We found 5 important support areas.
- A support zone ranging from 4.50 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.35 to 4.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.18 from a horizontal line in the weekly time frame.
- Support @3.15 from a trend line in the weekly time frame.
- Support @2.94 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.91 to 4.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
OIIM 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 OIIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OIIM is up. |
| ChartMill Relative Strength | 91.05 | POSITIVE | OIIM has a high relative strength, it outperformed 91.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OIIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OIIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OIIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.45 | NEUTRAL | The RSI value for OIIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OIIM has a positive trend. |
| Stochastics (14,3) | 97.05 | OVERBOUGHT | The high Stochastics value suggests OIIM may be overbought. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for OIIM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for OIIM suggests a possible start of a new trend. |
OIIM Chart- and CandleStick Pattern Analysis
OIIM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.92 | 4.48 | 0.44 (8.94%) | 11.18% |
| An entry @4.92. This is a Buy Stop order right above the resistance zone. | An exit @4.48. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.44 points, which is 8.94%. | When investing 11.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OIIM Technicals: Chart, Performance Metrics, Trend & Indicators
4.9
0 (0%)
O2MICRO INTERNATIONAL-ADR / OIIM TA FAQ
Can you provide the ChartMill technical rating for O2MICRO INTERNATIONAL-ADR?
ChartMill assigns a technical rating of 8 / 10 to OIIM.
What is the trend direction for OIIM stock?
The current trend direction for O2MICRO INTERNATIONAL-ADR (OIIM) is Bullish.
What is the RSI signal for O2MICRO INTERNATIONAL-ADR (OIIM) stock?
O2MICRO INTERNATIONAL-ADR (OIIM) has an RSI value of 61.4469. This indicates that the stock is currently neutral.
What is the short term momentum for OIIM stock?
The short term momentum for O2MICRO INTERNATIONAL-ADR (OIIM) is positive.
What is the support and resistance level for OIIM stock?
O2MICRO INTERNATIONAL-ADR (OIIM) has a support level at 4.61 and a resistance level at 4.91. Check the full technical report for our detailed analysis of OIIM support and resistance levels.