OPKO HEALTH INC (OPK) Stock Technical Analysis
NASDAQ:OPK - Nasdaq - US68375N1037 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to OPK. OPK'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than OPK.
OPK is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 62% are performing better than OPK.
OPK 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 OPK is lagging the market.
In the last month OPK has a been trading in the 1.21 - 1.44 range, which is quite wide. It is currently trading near the lows of this range.
OPK has an average volume of 3547370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OPK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.23, a Stop Loss order could be placed below this zone.
More info and screens
1.22
1.89
We found 1 important support area.
- A support zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.87 from a trend line 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 OPK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPK is down. |
| ChartMill Relative Strength | 23.11 | NEGATIVE | OPK has a low relative strength, it was outperformed by 76.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.37 | NEUTRAL | The RSI value for OPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.43 | NEUTRAL | The Stochastics value for OPK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for OPK 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)
1.26
-0.01 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.79%
1 Week-5.26%
2 Weeks1.61%
1 Month-10.64%
3 Month-25%
6 Month-20.25%
12 Month-7.35%
2 Year-9.35%
3 Year-58%
5 Year-44.74%
10 Year-92.87%
15 Year-36.36%
Volatility
ATR(14)0.06
ATR(20)%4.8%
ATR Inc-24.99%
Range Today0.05
ADR(20)0.06
ADR(20)%4.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.11
Mansfield-1.73
10 Day High1.38
10 Day Low1.23
20 Day High1.44
20 Day Low1.21
52 Week High2.04
52 Week Low1.19
CS1 End1.23
CR1 Start1.34
Volume & EV
DER(3)-6.27%
DER(5)-4.07%
Volume2.18M
Volume Incr-45.45%
Vol(5)2.01M
Vol(50)3.55M