We assign a technical rating of 6 out of 10 to OPBK. In the last year, OPBK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
OPBK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
11.52
We found 3 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for OPBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPBK is neutral. |
| ChartMill Relative Strength | 46.23 | NEUTRAL | OPBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.66 | NEUTRAL | The RSI value for OPBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests OPBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.42 | NEUTRAL | The Stochastics value for OPBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for OPBK suggests some volalility. |
| Average Directional Index/ADX (14) | 22.67 | NEUTRAL | The ADX value for OPBK suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.22 | 13.87 | 0.35 (2.46%) | 25.00% |
| An entry @14.22. This is a Buy Stop order right above the resistance zone. | An exit @13.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.35 points, which is 2.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
14.21
-0.27 (-1.86%)
ChartMill assigns a technical rating of 6 / 10 to OPBK.
The current trend direction for OP BANCORP (OPBK) is Bullish.
OP BANCORP (OPBK) has an RSI value of 50.6631. This indicates that the stock is currently neutral.
The short term momentum for OP BANCORP (OPBK) is neutral.