OPTION CARE HEALTH INC (OPCH) Stock Technical Analysis
NASDAQ:OPCH - US68404L2016 - Common Stock
28.74 USD
+0.9 (+3.23%)
28.74 USD
0 (0%)
Taking everything into account, OPCH scores 0 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, OPCH is a bad performer in the overall market: 84% of all stocks are doing better.
OPCH has an average volume of 1664070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPCH is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, OPCH did better than 43% of them.
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.
In the last month OPCH has a been trading in the 26.39 - 30.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
OPCH has a poor technical rating and the quality of the setup is also only medium 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
26.95
34.10
We found 2 important support areas.
- A support zone ranging from 28.20 to 28.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.22 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 28.75 to 29.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @30.86 from a trend line in the daily time frame.
- A resistance zone ranging from 32.48 to 32.97. This zone is formed by a combination of multiple trend lines 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 | 16.25 | NEGATIVE | OPCH has a low relative strength, it was outperformed by 83.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OPCH is above 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) | UP | MIXED | The current price of OPCH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.84 | NEUTRAL | The RSI value for OPCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests OPCH has a positive trend. |
| Stochastics (14,3) | 55.65 | NEUTRAL | The Stochastics value for OPCH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for OPCH suggests some volalility. |
| Average Directional Index/ADX (14) | 41.51 | POSITIVE | The high ADX value value for OPCH suggests a strong 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)
28.74
+0.9 (+3.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg3.23%
1 Week1.48%
2 Weeks1.91%
1 Month-3.2%
3 Month-8.5%
6 Month-10.19%
12 Month-9.71%
2 Year-17.48%
3 Year-7.17%
5 Year147.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%3.44%
ATR Inc41.09%
Range Today0.99
ADR(20)0.9
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.25
Mansfield-1.2
10 Day High29.33
10 Day Low26.39
20 Day High30.78
20 Day Low26.39
52 Week High35.53
52 Week Low21.39
CS1 End28.54
CR1 Start28.75
Volume & EV
DER(3)6.35%
DER(5)6.61%
Volume2.37M
Volume Incr67.79%
Vol(5)2.69M
Vol(50)1.66M