OPTION CARE HEALTH INC (OPCH) Technical Analysis
NASDAQ:OPCH • US68404L2016
Current stock price
OPCH Technical Rating and Analysis
Overall OPCH gets a technical rating of 0 out of 10. OPCH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than OPCH.
- OPCH is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 60% are performing better than OPCH.
- In the last month OPCH has a been trading in the 28.06 - 36.48 range, which is quite wide. It is currently trading near the lows of this range.
- OPCH has an average volume of 1940730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OPCH 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 OPCH is lagging the market slightly.
OPCH Weekly and Daily overview Charts
OPCH Setup Rating and Analysis
The technical rating of OPCH 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
OPCH Support and Resistance Analysis
25.77
We found 2 important support areas.
- Support @27.67 from a trend line in the weekly time frame.
- A support zone ranging from 26.03 to 26.03. 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 29.38 to 29.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.59 from a horizontal line in the daily time frame.
OPCH 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 OPCH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPCH is down. |
| ChartMill Relative Strength | 20.24 | NEGATIVE | OPCH has a low relative strength, it was outperformed by 79.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.95 | OVERSOLD | The low RSI value suggests OPCH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OPCH has a negative trend. |
| Stochastics (14,3) | 12.18 | OVERSOLD | The low Stochastics value suggests OPCH may be oversold. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for OPCH suggests some volalility. |
| Average Directional Index/ADX (14) | 36.51 | POSITIVE | The high ADX value value for OPCH suggests a strong trend. |
OPCH Chart- and CandleStick Pattern Analysis
OPCH Technicals: Chart, Performance Metrics, Trend & Indicators
28.16
-0.97 (-3.33%)
OPTION CARE HEALTH INC / OPCH TA FAQ
What is the ChartMill technical rating of OPTION CARE HEALTH INC (OPCH) stock?
ChartMill assigns a technical rating of 0 / 10 to OPCH.
What is the current trend direction of OPTION CARE HEALTH INC (OPCH) stock?
The current trend direction for OPTION CARE HEALTH INC (OPCH) is Bearish.
Can you provide the RSI signal for OPTION CARE HEALTH INC?
OPTION CARE HEALTH INC (OPCH) has an RSI value of 24.9535. This indicates that the stock is currently oversold.
Can you provide the MACD signal for OPTION CARE HEALTH INC?
The MACD indicator for OPTION CARE HEALTH INC (OPCH) has a value of -0.119936, indicating a bearish trend.
What is the support and resistance level for OPCH stock?
OPTION CARE HEALTH INC (OPCH) has a support level at 27.67 and a resistance level at 29.38. Check the full technical report for our detailed analysis of OPCH support and resistance levels.