OPTION CARE HEALTH INC (OPCH) Stock Technical Analysis
USA - NASDAQ:OPCH - US68404L2016 - Common Stock
28.48 USD
-0.89 (-3.03%)
28.48 USD
0 (0%)
Overall OPCH gets a technical rating of 1 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OPCH is a bad performer in the overall market: 84% of all stocks are doing better.
In the last month OPCH has a been trading in the 26.39 - 29.87 range, which is quite wide. It is currently trading near the high of this range.
OPCH has an average volume of 1610250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPCH is an average performer in the Health Care Providers & Services industry, it outperforms 43% of 101 stocks in the same industry.
OPCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPCH is lagging the market.
Although the technical rating is bad, OPCH does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
26.95
34.10
3 important support areas can be observed.
- Support @28.20 from a horizontal line in the weekly time frame.
- Support @27.67 from a trend line in the daily time frame.
- Support @27.22 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 28.56 to 29.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @30.27 from a trend line in the daily time frame.
- Resistance @32.97 from a horizontal line in the daily time frame.
- 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 | 16.15 | NEGATIVE | OPCH has a low relative strength, it was outperformed by 83.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OPCH is below the rising 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) | UP | MIXED | The current price of OPCH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.77 | NEUTRAL | The RSI value for OPCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests OPCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.37 | NEUTRAL | The Stochastics value for OPCH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for OPCH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for OPCH suggests a possible start of a new trend. |
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)
28.48
-0.89 (-3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.03%
1 Week-2.1%
2 Weeks-0.94%
1 Month0.25%
3 Month-9.87%
6 Month-12.8%
12 Month-10.97%
2 Year-11.96%
3 Year-9.5%
5 Year113.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%2.99%
ATR Inc15.57%
Range Today0.96
ADR(20)0.74
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.15
Mansfield-1.31
10 Day High29.87
10 Day Low28.16
20 Day High29.87
20 Day Low26.39
52 Week High35.53
52 Week Low21.39
CS1 End28.2
CR1 Start28.56
Volume & EV
DER(3)-4.33%
DER(5)-3.49%
Volume1.63M
Volume Incr-27.17%
Vol(5)1.35M
Vol(50)1.61M