OFFICE PROPERTIES INCOME TRU (OPI) Stock Technical Analysis
NASDAQ:OPI - Nasdaq - US67623C1099 - REIT - Currency: USD
Overall OPI gets a technical rating of 1 out of 10. OPI 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.
100% of all other stocks performed better in the past year than OPI.
OPI is part of the Diversified REITs industry. There are 129 other stocks in this industry, of which 94% are performing better than OPI.
OPI 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 OPI is lagging the market.
In the last month OPI has a been trading in the 0.17 - 0.24 range, which is quite wide. It is currently trading near the high of this range.
OPI has an average volume of 1023950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OPI 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.
More info and screens
0.20
0.24
We found 1 important support area.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 0.64 | NEGATIVE | OPI has a low relative strength, it was outperformed by 99.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPI is above the rising 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) | 50.51 | NEUTRAL | The RSI value for OPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OPI has a positive trend. |
| Stochastics (14,3) | 83.24 | OVERBOUGHT | The high Stochastics value suggests OPI may be overbought. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for OPI suggests high volalility. |
| Average Directional Index/ADX (14) | 52.94 | POSITIVE | The high ADX value value for OPI suggests a strong trend. |
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)
0.2399
+0.02 (+6.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg6.72%
1 Week19.95%
2 Weeks24.3%
1 Month0.59%
3 Month-71.59%
6 Month-81.96%
12 Month-89.29%
2 Year-96.88%
3 Year-98.8%
5 Year-99.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%7.75%
ATR Inc78.52%
Range Today0.03
ADR(20)0.02
ADR(20)%7.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.64
Mansfield-8.25
10 Day High0.24
10 Day Low0.18
20 Day High0.24
20 Day Low0.18
52 Week High3.02
52 Week Low0.18
CS1 End0.2
CR1 StartN/A
Volume & EV
DER(3)6.25%
DER(5)-2.07%
Volume888.00K
Volume Incr-11.12%
Vol(5)1.26M
Vol(50)1.02M