OFFERPAD SOLUTIONS INC (OPAD) Stock Technical Analysis
NYSE:OPAD - New York Stock Exchange, Inc. - US67623L3078 - Common Stock - Currency: USD
Taking everything into account, OPAD scores 1 out of 10 in our technical rating. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
98% of all other stocks performed better in the past year than OPAD.
OPAD is one of the lesser performing stocks in the Real Estate Management & Development industry. 89% of 65 stocks in the same industry do better.
OPAD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OPAD is lagging the market.
In the last month OPAD has a been trading in the 0.95 - 1.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.94
1.81
We found 2 important support areas.
- A support zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.95 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.68 from a trend line in the weekly time frame.
- Resistance @1.79 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 | DOWN | NEGATIVE | The long term trend for OPAD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPAD is neutral. |
| ChartMill Relative Strength | 2.94 | NEGATIVE | OPAD has a low relative strength, it was outperformed by 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPAD is above the rising 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) | 52.95 | NEUTRAL | The RSI value for OPAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OPAD has a positive trend. |
| Stochastics (14,3) | 56.57 | NEUTRAL | The Stochastics value for OPAD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for OPAD suggests high volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for OPAD suggests a possible start of a new 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)
1.13
+0.05 (+4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg4.63%
1 Week16.48%
2 Weeks13.88%
1 Month0.89%
3 Month-35.43%
6 Month-71.68%
12 Month-77.31%
2 Year-91.28%
3 Year-96.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.44%
ATR Inc51.34%
Range Today0.08
ADR(20)0.08
ADR(20)%7.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.94
Mansfield-6.36
10 Day High1.15
10 Day Low0.95
20 Day High1.2
20 Day Low0.95
52 Week High5.35
52 Week Low0.92
CS1 End0.97
CR1 Start1.68
Volume & EV
DER(3)1.62%
DER(5)0.4%
Volume32.40K
Volume Incr3.25%
Vol(5)37.96K
Vol(50)46.22K