OFFERPAD SOLUTIONS INC (OPAD) Technical Analysis
NYSE:OPAD • US67623L3078
Current stock price
OPAD Technical Rating and Analysis
Taking everything into account, OPAD scores 0 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OPAD is a bad performer in the overall market: 96% of all stocks are doing better.
- OPAD is one of the lesser performing stocks in the Real Estate Management & Development industry. 83% of 62 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.
- OPAD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- OPAD has an average volume of 4455170 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.
OPAD Weekly and Daily overview Charts
OPAD Setup Rating and Analysis
OPAD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.78. Right above this resistance zone may be a good entry point.
More info and screens
OPAD Support and Resistance Analysis
0.73
We found 1 important support area.
- A support zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.88 from a horizontal line in the daily time frame.
OPAD 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 | 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 | 4.08 | NEGATIVE | OPAD has a low relative strength, it was outperformed by 95.92% 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) | 40.02 | NEUTRAL | The RSI value for OPAD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OPAD has a positive trend. |
| Stochastics (14,3) | 37.77 | NEUTRAL | The Stochastics value for OPAD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for OPAD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.75 | POSITIVE | The high ADX value value for OPAD suggests a strong trend. |
OPAD Chart- and CandleStick Pattern Analysis
OPAD Technicals: Chart, Performance Metrics, Trend & Indicators
0.7735
+0.02 (+1.98%)
OFFERPAD SOLUTIONS INC / OPAD TA 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 40.0217. 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 support level at 0.74 and a resistance level at 0.78. Check the full technical report for our detailed analysis of OPAD support and resistance levels.