OLAPLEX HOLDINGS INC (OLPX) Stock Technical Analysis
NASDAQ:OLPX - Nasdaq - US6793691089 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OLPX. OLPX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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 1250220 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.
When comparing the performance of all stocks over the past year, OLPX turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
OLPX is an average performer in the Personal Care Products industry, it outperforms 55% of 35 stocks in the same industry.
In the last month OLPX has a been trading in the 1.26 - 1.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OLPX has only a medium technical rating, but it does show 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 1.58. Right above this resistance zone may be a good entry point.
More info and screens
1.15
2.30
We found 4 important support areas.
- Support @1.33 from a trend line in the daily time frame.
- A support zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.23 from a trend line in the daily time frame.
- Support @1.16 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.58 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.28 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 | 41.22 | NEUTRAL | OLPX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OLPX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OLPX is above 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) | 49.46 | NEUTRAL | The RSI value for OLPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OLPX has a negative trend. |
| Stochastics (14,3) | 46.33 | NEUTRAL | The Stochastics value for OLPX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for OLPX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.04 | 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)
1.44
-0.05 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-3.36%
1 Week-8.86%
2 Weeks-6.49%
1 Month7.46%
3 Month20%
6 Month-7.69%
12 Month-12.73%
2 Year-60%
3 Year-91.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%6.91%
ATR Inc-16.72%
Range Today0.07
ADR(20)0.1
ADR(20)%6.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.22
Mansfield-2.15
10 Day High1.64
10 Day Low1.34
20 Day High1.64
20 Day Low1.26
52 Week High2.77
52 Week Low1.01
CS1 End1.33
CR1 Start1.58
Volume & EV
DER(3)-4.97%
DER(5)-4.36%
Volume671.40K
Volume Incr-2.05%
Vol(5)1.18M
Vol(50)1.25M