OPTION CARE HEALTH INC (OPCH) Stock Technical Analysis
USA - NASDAQ:OPCH - US68404L2016 - Common Stock
We assign a technical rating of 0 out of 10 to OPCH. OPCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
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25.76
When analyzing the support we notice one important area.
- A support zone ranging from 26.02 to 26.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.43 to 27.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.67 to 29.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.76 from a horizontal 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 OPCH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPCH is neutral. |
| ChartMill Relative Strength | 35.1 | NEUTRAL | OPCH is not amongst the best or worst performers 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) | 36.01 | NEUTRAL | The RSI value for OPCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests OPCH has a negative trend. |
| Stochastics (14,3) | 60.83 | NEUTRAL | The Stochastics value for OPCH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for OPCH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.2 | NEGATIVE | The low ADX value for OPCH suggests a weak or negative trend. |
26.03
-0.17 (-0.67%)
OPTION CARE HEALTH INC / OPCH 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 trend direction for 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 36.0069. This indicates that the stock is currently neutral.
What is the MACD signal for OPCH stock?
The MACD indicator for OPTION CARE HEALTH INC (OPCH) has a value of -0.100196, indicating a bearish trend.