OLAPLEX HOLDINGS INC (OLPX) Stock Technical Analysis
NASDAQ:OLPX - US6793691089 - Common Stock
1.4 USD
+0.06 (+4.48%)
1.4 USD
0 (0%)
Taking everything into account, OLPX scores 3 out of 10 in our technical rating. In the last year, OLPX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, OLPX is a bad performer in the overall market: 86% of all stocks are doing better.
OLPX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
OLPX has an average volume of 1169890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
OLPX is an average performer in the Personal Care Products industry, it outperforms 41% of 35 stocks in the same industry.
In the last month OLPX has a been trading in the 1.27 - 1.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
OLPX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.25
2.28
We found 4 important support areas.
- A support zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.32 from a trend line in the daily time frame.
- A support zone ranging from 1.29 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.26 to 1.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.59 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.68 from a horizontal line in the daily time frame.
- Resistance @2.26 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for OLPX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OLPX is neutral. |
| ChartMill Relative Strength | 14.3 | NEGATIVE | OLPX has a low relative strength, it was outperformed by 85.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OLPX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OLPX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OLPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.86 | NEUTRAL | The RSI value for OLPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OLPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.68 | NEUTRAL | The Stochastics value for OLPX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for OLPX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.27 | NEGATIVE | The low ADX value for OLPX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.4
+0.06 (+4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg4.48%
1 Week-0.71%
2 Weeks8.53%
1 Month-7.28%
3 Month17.65%
6 Month-1.41%
12 Month-41.18%
2 Year-48.34%
3 Year-89.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%6.02%
ATR Inc-28.57%
Range Today0.08
ADR(20)0.08
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.3
Mansfield-2.16
10 Day High1.47
10 Day Low1.27
20 Day High1.54
20 Day Low1.27
52 Week High2.77
52 Week Low1.01
CS1 End1.39
CR1 Start1.44
Volume & EV
DER(3)-1.97%
DER(5)-2.8%
Volume658.00K
Volume Incr-33.97%
Vol(5)668.74K
Vol(50)1.17M