We assign a technical rating of 8 out of 10 to OLPX. OLPX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although OLPX 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.
1.25
2 important support areas can be observed.
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 | UP | POSITIVE | The short term trend for OLPX is up. |
| ChartMill Relative Strength | 84.7 | POSITIVE | OLPX has a high relative strength, it outperformed 84.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OLPX is above 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) | UP | POSITIVE | The current price of OLPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.47 | NEUTRAL | The RSI value for OLPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OLPX has a positive trend. |
| Stochastics (14,3) | 71.02 | NEUTRAL | The Stochastics value for OLPX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for OLPX suggests high volalility. |
| Average Directional Index/ADX (14) | 44.63 | POSITIVE | The high ADX value value for OLPX suggests a strong trend. |
1.69
+0.03 (+1.81%)
ChartMill assigns a technical rating of 8 / 10 to OLPX.
The current trend direction for OLAPLEX HOLDINGS INC (OLPX) is Bearish.
OLAPLEX HOLDINGS INC (OLPX) has an RSI value of 69.4734. This indicates that the stock is currently neutral.
The short term momentum for OLAPLEX HOLDINGS INC (OLPX) is positive.