OPPFI INC (OPFI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OPFI - US68386H1032 - Common Stock
We assign a technical rating of 3 out of 10 to OPFI. OPFI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, OPFI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.06. Right above this resistance zone may be a good entry point.
More info and screens
9.08
We found 3 important support areas.
- A support zone ranging from 10.19 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.79 from a trend line in the weekly time frame.
- A support zone ranging from 9.17 to 9.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.06 to 11.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.35 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for OPFI is neutral. |
| ChartMill Relative Strength | 60.7 | NEUTRAL | OPFI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPFI is below a declining 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) | DOWN | NEGATIVE | The current price of OPFI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.81 | NEUTRAL | The RSI value for OPFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests OPFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.07 | NEUTRAL | The Stochastics value for OPFI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for OPFI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for OPFI suggests a possible start of a new trend. |
10.38
0 (0%)
OPPFI INC / OPFI FAQ
What is the technical rating for OPFI stock?
ChartMill assigns a technical rating of 3 / 10 to OPFI.
What is the current trend direction of OPPFI INC (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 47.8098. This indicates that the stock is currently neutral.
What is the support and resistance level for OPFI stock?
OPPFI INC (OPFI) has a support level at 10.3 and a resistance level at 11.06. Check the full technical report for our detailed analysis of OPFI support and resistance levels.