OPPFI INC (OPFI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:OPFI - US68386H1032 - Common Stock
We assign a technical rating of 1 out of 10 to OPFI. OPFI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than OPFI.
- OPFI is one of the lesser performing stocks in the Consumer Finance industry. 71% of 53 stocks in the same industry do better.
- OPFI 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 OPFI has a been trading in the 9.64 - 11.21 range, which is quite wide. It is currently trading near the lows of this range.
OPFI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.53, a Stop Loss order could be placed below this zone.
More info and screens
9.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.52 to 9.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.17 to 9.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 9.94 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.19 to 10.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.46 from a trend line in the weekly time frame.
- Resistance @10.78 from a trend line in the daily time frame.
- A resistance zone ranging from 11.00 to 11.14. This zone is formed by a combination of multiple trend lines 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 OPFI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPFI is down. |
| ChartMill Relative Strength | 18.19 | NEGATIVE | OPFI has a low relative strength, it was outperformed by 81.81% off all stocks 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 | MIXED | The current price of OPFI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OPFI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.37 | NEUTRAL | The RSI value for OPFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OPFI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.41 | NEUTRAL | The Stochastics value for OPFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for OPFI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.87 | NEUTRAL | The ADX value for OPFI suggests a possible start of a new trend. |
9.64
-0.21 (-2.13%)
OPPFI INC / OPFI FAQ
What is the technical rating for OPFI stock?
ChartMill assigns a technical rating of 1 / 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 39.3749. This indicates that the stock is currently neutral.
What is the buy/sell signal for OPFI stock?
The buy/sell signal for OPPFI INC (OPFI) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for OPPFI INC (OPFI) stock?
OPPFI INC (OPFI) has a support level at 9.53 and a resistance level at 9.94. Check the full technical report for our detailed analysis of OPFI support and resistance levels.