OPGEN INC (OPGN)

US68373L4068 - Common Stock

0.47  -0.02 (-3.09%)

After market: 0.48 +0.01 (+2.13%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to OPGN. OPGN 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.

OPGN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OPGN is lagging the market.
In the last month OPGN has a been trading in the 0.39 - 0.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OPGN has an average volume of 2140250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, OPGN outperforms 45% of them, which is more or less in line with the market.
OPGN is part of the Biotechnology industry. There are 588 other stocks in this industry, OPGN did better than 62% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OPGN Weekly chart
OPGN Daily chart
Setup Rating and Analysis

3

The technical rating of OPGN 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.

Support and Resistance Analysis

0.31

0.72

We found 4 important support areas.

  • Support @0.41 from a trend line in the daily time frame.
  • Support @0.40 from a horizontal line in the daily time frame.
  • Support @0.32 from a trend line in the daily time frame.
  • Support @0.31 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.68 from a trend line in the weekly time frame.
  • Resistance @0.71 from a trend line 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
CRS45.12
Mansfield-1.74
10 Day High0.63
10 Day Low0.39
20 Day High0.84
20 Day Low0.39
52 Week High3.84
52 Week Low0.17
Performance
1 Week-8.72%
2 Weeks-25.4%
1 Month-36.49%
3 Month42.73%
6 Month-35.26%
12 Month-38.44%
2 Year-96.59%
3 Year-98.93%
5 Year-99.74%
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)-0.02
RSI(14)40.92
LBB0.39
UBB0.7
OPGN Daily chart

OPGEN INC

NASDAQ:OPGN (5/3/2024, 7:10:27 PM)

After market: 0.48 +0.01 (+2.13%)

0.47

-0.02 (-3.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.09%
1 Week-8.72%
2 Weeks-25.4%
1 Month-36.49%
3 Month42.73%
6 Month-35.26%
12 Month-38.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%13.14%
ATR Inc
Range Today0.05
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 High0.63
10 Day Low0.39
20 Day High0.84
20 Day Low0.39
52 Week High3.84
52 Week Low0.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume332.50K
Volume Incr-9.22%
Vol(5)520.62K
Vol(50)2.14M