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'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OPCH is a bad performer in the overall market: 86% of all stocks are doing better.
- OPCH is one of the lesser performing stocks in the Health Care Providers & Services industry. 73% of 100 stocks in the same industry do better.
- OPCH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OPCH has a been trading in the 25.99 - 29.80 range, which is quite wide. It is currently trading near the lows of this range.
- OPCH has an average volume of 1861380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
When analyzing the support we can see 2 important areas.
- Support @26.82 from a horizontal line in the daily 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.00 to 29.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 14.56 | NEGATIVE | OPCH has a low relative strength, it was outperformed by 85.44% 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) | 34.64 | NEUTRAL | The RSI value for OPCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OPCH has a negative trend. |
| Stochastics (14,3) | 18.21 | OVERSOLD | The low Stochastics value suggests OPCH may be oversold. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for OPCH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.11 | 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
26.87
-0.9 (-3.24%)
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.
What is the RSI signal for OPCH stock?
OPTION CARE HEALTH INC (OPCH) has an RSI value of 34.6449. This indicates that the stock is currently neutral.
What is the buy/sell signal for OPTION CARE HEALTH INC (OPCH) stock?
The buy/sell signal for OPTION CARE HEALTH INC (OPCH) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for OPTION CARE HEALTH INC?
OPTION CARE HEALTH INC (OPCH) has a support level at 26.82 and a resistance level at 29. Check the full technical report for our detailed analysis of OPCH support and resistance levels.