OPAL FUELS INC-A (OPAL) Stock Technical Analysis
NASDAQ:OPAL - Nasdaq - US68347P1030 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OPAL. In the past year, OPAL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than OPAL.
OPAL is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 80% are performing better than OPAL.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OPAL has a been trading in the 1.30 - 2.67 range, which is quite wide. It is currently trading near the high of this range.
OPAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OPAL is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OPAL has an average technical rating and it also 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
2.08
2.89
When analyzing the support we notice one important area.
- Support @2.10 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @2.46 from a horizontal line in the weekly time frame.
- Resistance @2.60 from a horizontal line in the daily time frame.
- Resistance @2.86 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.1
Mansfield-2.87
10 Day High2.67
10 Day Low2.01
20 Day High2.67
20 Day Low1.3
52 Week High5.05
52 Week Low1.26
Performance
1 Week14.22%
2 Weeks21.72%
1 Month82.58%
3 Month-17.47%
6 Month-34.51%
12 Month-50%
2 Year-62.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)63.74
LBB1.72
UBB2.66
2.41
-0.18 (-6.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-6.95%
1 Week14.22%
2 Weeks21.72%
1 Month82.58%
3 Month-17.47%
6 Month-34.51%
12 Month-50%
2 Year-62.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.81%
ATR Inc14.52%
Range Today0.22
ADR(20)0.19
ADR(20)%7.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.1
Mansfield-2.87
10 Day High2.67
10 Day Low2.01
20 Day High2.67
20 Day Low1.3
52 Week High5.05
52 Week Low1.26
CS1 End2.1
CR1 Start2.46
Volume & EV
DER(3)8.73%
DER(5)6.12%
Volume203.60K
Volume Incr26.21%
Vol(5)171.34K
Vol(50)163.48K