Opes Acquisition Corp (OPES)

15.7  +0.72 (+4.81%)

After market: 15.6 -0.1 (-0.64%)

Technical Rating and Analysis

8

Overall OPES gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OPES is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OPES did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
OPES 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 OPES is lagging the market slightly.
In the last month OPES has a been trading in the 10.22 - 17.70 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.
Weekly and Daily overview Charts
OPES Weekly chart
OPES Daily chart
Setup Rating and Analysis

3

Although OPES has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

10.32

17.48

2 important support areas can be observed.

  • Support @14.97 from a horizontal line in the daily time frame.
  • A support zone ranging from 10.42 to 10.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 17.24 to 17.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.38
Mansfield1.49
10 Day High17.7
10 Day Low13.55
20 Day High17.7
20 Day Low10.22
52 Week High19.92
52 Week Low9.57
Performance
1 Week-4.09%
2 Weeks13.11%
1 Month41.57%
3 Month4.95%
6 Month-12.44%
12 Month50.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)64.14
LBB12.13
UBB18
OPES Daily chart

Opes Acquisition Corp

NASDAQ:OPES (12/16/2020, 7:07:47 PM)

After market: 15.6 -0.1 (-0.64%)

15.7

+0.72 (+4.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.81%
1 Week-4.09%
2 Weeks13.11%
1 Month41.57%
3 Month4.95%
6 Month-12.44%
12 Month50.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.4
ATR(20)%7.78%
ATR Inc
Range Today1.62
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.7
10 Day Low13.55
20 Day High17.7
20 Day Low10.22
52 Week High19.92
52 Week Low9.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume447.70K
Volume Incr102%
Vol(5)462.62K
Vol(50)194.64K