OFFERPAD SOLUTIONS INC (OPAD) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:OPAD • US67623L3078
Overall OPAD gets a technical rating of 0 out of 10. OPAD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than OPAD.
- OPAD is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, of which 85% are performing better than OPAD.
- OPAD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OPAD has a been trading in the 0.94 - 2.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- OPAD has an average volume of 4147690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of OPAD is bad and it also does not present a 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
1.01
When analyzing the resistance we notice 4 important areas.
- Resistance @1.58 from a trend line in the daily time frame.
- Resistance @1.66 from a trend line in the daily time frame.
- Resistance @1.72 from a trend line in the weekly time frame.
- Resistance @2.19 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for OPAD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPAD is down. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | OPAD has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPAD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPAD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPAD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.63 | NEUTRAL | The RSI value for OPAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OPAD has a negative trend. |
| Stochastics (14,3) | 5.96 | OVERSOLD | The low Stochastics value suggests OPAD may be oversold. |
| Average True Range in percent/ATR (20) | 19.7 | HIGH VOLATILITY | The high ATR as a percentage value for OPAD suggests high volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for OPAD suggests a weak or negative trend. |
1.02
-0.01 (-0.97%)
OFFERPAD SOLUTIONS INC / OPAD FAQ
Can you provide the ChartMill technical rating for OFFERPAD SOLUTIONS INC?
ChartMill assigns a technical rating of 0 / 10 to OPAD.
What is the trend direction for OPAD stock?
The current trend direction for OFFERPAD SOLUTIONS INC (OPAD) is Bearish.
What is the RSI signal for OFFERPAD SOLUTIONS INC (OPAD) stock?
OFFERPAD SOLUTIONS INC (OPAD) has an RSI value of 34.6288. This indicates that the stock is currently neutral.
What is the buy/sell signal for OPAD stock?
The buy/sell signal for OFFERPAD SOLUTIONS INC (OPAD) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OFFERPAD SOLUTIONS INC?
OFFERPAD SOLUTIONS INC (OPAD) has a resistance level at 1.58. Check the full technical report for our detailed analysis of OPAD support and resistance levels.