OPPFI INC (OPFI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OPFI - US68386H1032 - Common Stock
Taking everything into account, OPFI scores 9 out of 10 in our technical rating. Although OPFI has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although OPFI has an excellent technical rating, it does not offer a high 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
9.13
2 important support areas can be observed.
- Support @9.55 from a trend line in the weekly time frame.
- A support zone ranging from 9.22 to 9.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @11.10 from a horizontal line in the weekly time frame.
- Resistance @11.70 from a trend line in the weekly time frame.
- Resistance @12.25 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for OPFI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPFI is up. |
| ChartMill Relative Strength | 85.62 | POSITIVE | OPFI has a high relative strength, it outperformed 85.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.44 | NEUTRAL | The RSI value for OPFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests OPFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.38 | NEUTRAL | The Stochastics value for OPFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for OPFI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.68 | POSITIVE | The high ADX value value for OPFI suggests a strong trend. |
10.96
+0.29 (+2.72%)
OPPFI INC / OPFI FAQ
What is the technical rating for OPFI stock?
ChartMill assigns a technical rating of 9 / 10 to OPFI.
What is the trend direction for OPFI stock?
The current trend direction for OPPFI INC (OPFI) is Bearish.
What is the RSI signal for OPPFI INC (OPFI) stock?
OPPFI INC (OPFI) has an RSI value of 62.4438. This indicates that the stock is currently neutral.
What is the MACD signal for OPPFI INC (OPFI) stock?
The MACD indicator for OPPFI INC (OPFI) has a value of 0.129024, indicating a bearish trend.
What is the short term momentum for OPFI stock?
The short term momentum for OPPFI INC (OPFI) is positive.