OLAPLEX HOLDINGS INC (OLPX) Technical Analysis
NASDAQ:OLPX • US6793691089
Current stock price
OLPX Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to OLPX. In the last year, OLPX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, OLPX did better than 92% of all other stocks. We also observe that the gains produced by OLPX over the past year are nicely spread over this period.
- OLPX is one of the better performing stocks in the Personal Care Products industry, it outperforms 97% of 37 stocks in the same industry.
- OLPX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so OLPX is leading the market.
- In the last month OLPX has a been trading in the 1.17 - 2.04 range, which is quite wide. It is currently trading near the high of this range.
- OLPX has an average volume of 4204120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
OLPX Weekly and Daily overview Charts
OLPX Setup Rating and Analysis
Although OLPX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
OLPX Support and Resistance Analysis
1.22
We found 1 important support area.
- A support zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.04 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
OLPX 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 | 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 | 92.3 | POSITIVE | OLPX has a high relative strength, it outperformed 92.3% 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) | 74.04 | OVERBOUGHT | The high RSI value suggests OLPX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OLPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 98.85 | OVERBOUGHT | The high Stochastics value suggests OLPX may be overbought. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for OLPX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.06 | POSITIVE | The high ADX value value for OLPX suggests a strong trend. |
OLPX Chart- and CandleStick Pattern Analysis
OLPX Technicals: Chart, Performance Metrics, Trend & Indicators
2.03
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OLAPLEX HOLDINGS INC / OLPX TA FAQ
Can you provide the ChartMill technical rating for OLAPLEX HOLDINGS INC?
ChartMill assigns a technical rating of 10 / 10 to OLPX.
Can you provide the trend direction for OLAPLEX HOLDINGS INC?
The current trend direction for OLAPLEX HOLDINGS INC (OLPX) is Bearish.
Can you provide the RSI signal for OLAPLEX HOLDINGS INC?
OLAPLEX HOLDINGS INC (OLPX) has an RSI value of 74.0363. This indicates that the stock is currently overbought.
What is the MACD signal for OLPX stock?
The MACD indicator for OLAPLEX HOLDINGS INC (OLPX) has a value of 0.0872372, indicating a bearish trend.
What is the short term momentum for OLAPLEX HOLDINGS INC (OLPX) stock?
The short term momentum for OLAPLEX HOLDINGS INC (OLPX) is positive.