USA - NASDAQ:OPI - US67623C1099 - REIT
We assign a technical rating of 1 out of 10 to OPI. OPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OPI has a poor technical rating and the quality of the setup is also not perfect 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.
0.19
When analyzing the support we notice one important area.
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 OPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPI is down. |
| ChartMill Relative Strength | 1.95 | NEGATIVE | OPI has a low relative strength, it was outperformed by 98.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.17 | NEUTRAL | The RSI value for OPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OPI has a negative trend. |
| Stochastics (14,3) | 3.12 | OVERSOLD | The low Stochastics value suggests OPI may be oversold. |
| Average True Range in percent/ATR (20) | 67.05 | HIGH VOLATILITY | The high ATR as a percentage value for OPI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.67 | NEUTRAL | The ADX value for OPI suggests a possible start of a new trend. |
0.2
-0.04 (-16.98%)
ChartMill assigns a technical rating of 1 / 10 to OPI.
The current trend direction for OFFICE PROPERTIES INCOME TRU (OPI) is Bearish.
OFFICE PROPERTIES INCOME TRU (OPI) has an RSI value of 39.1651. This indicates that the stock is currently neutral.
The buy/sell signal for OFFICE PROPERTIES INCOME TRU (OPI) is sell as both the short term and long term trends are negative.
OFFICE PROPERTIES INCOME TRU (OPI) has a support level at 0.19. Check the full technical report for our detailed analysis of OPI support and resistance levels.