OPAL FUELS INC-A (OPAL) Stock Technical Analysis
USA - NASDAQ:OPAL - US68347P1030 - Common Stock
2.41 USD
+0.04 (+1.69%)
Overall OPAL gets a technical rating of 1 out of 10. OPAL 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.
When comparing the yearly performance of all stocks, OPAL is a bad performer in the overall market: 90% of all stocks are doing better.
OPAL is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 83% of 210 stocks in the same industry do better.
In the last month OPAL has a been trading in the 2.03 - 2.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OPAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPAL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OPAL 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
2.02
3.33
3 important support areas can be observed.
- A support zone ranging from 2.32 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.08 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.08 from a trend line in the weekly time frame.
- Resistance @3.30 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 OPAL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPAL is neutral. |
| ChartMill Relative Strength | 10.12 | NEGATIVE | OPAL has a low relative strength, it was outperformed by 89.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OPAL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.63 | NEUTRAL | The RSI value for OPAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OPAL has a positive trend. |
| Stochastics (14,3) | 61.93 | NEUTRAL | The Stochastics value for OPAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for OPAL suggests some volalility. |
| Average Directional Index/ADX (14) | 19.4 | NEGATIVE | The low ADX value for OPAL suggests a weak or negative 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)
NASDAQ:OPAL (9/23/2025, 11:48:34 AM)
2.41
+0.04 (+1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.69%
1 Week14.49%
2 Weeks10.75%
1 Month3.49%
3 Month-5.95%
6 Month23.44%
12 Month-33.05%
2 Year-71.1%
3 Year-71.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.88%
ATR Inc85.93%
Range Today0.12
ADR(20)0.12
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.12
Mansfield-2.34
10 Day High2.39
10 Day Low2.03
20 Day High2.46
20 Day Low2.03
52 Week High4.11
52 Week Low1.26
CS1 End2.11
CR1 Start2.38
Volume & EV
DER(3)1.29%
DER(5)-1.9%
Volume219.06K
Volume Incr74.77%
Vol(5)189.50K
Vol(50)132.47K