Opus Bank (OPB) Stock Technical Analysis
NASDAQ:OPB - Nasdaq -
We assign a technical rating of 5 out of 10 to OPB. In the past year, OPB 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.
69% of all other stocks performed better in the past year than OPB.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OPB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPB is lagging the market.
In the last month OPB has a been trading in the 14.14 - 21.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OPB 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
15.28
28.22
We found 1 important support area.
- A support zone ranging from 15.43 to 15.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @20.66 from a horizontal line in the daily time frame.
- Resistance @27.94 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 | NEUTRAL | NEUTRAL | The long term trend for OPB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPB is up. |
| ChartMill Relative Strength | 31.68 | NEUTRAL | OPB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.61 | NEUTRAL | The RSI value for OPB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests OPB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.91 | OVERBOUGHT | The high Stochastics value suggests OPB may be overbought. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for OPB suggests high volalility. |
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)
19.49
-0.47 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.35%
1 Week11.44%
2 Weeks27.39%
1 Month1.4%
3 Month-17.66%
6 Month-24.19%
12 Month-2.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%6.67%
ATR Inc4.47%
Range Today1.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.68
Mansfield-1.22
10 Day High21.05
10 Day Low14.84
20 Day High21.05
20 Day Low14.14
52 Week High28.37
52 Week Low13.07
CS1 End15.46
CR1 Start20.66
Volume & EV
DER(3)-0.17%
DER(5)0.79%
Volume1.23M
Volume Incr91.14%
Vol(5)414.08K
Vol(50)226.99K