OPKO HEALTH INC (OPK) Technical Analysis
NASDAQ:OPK • US68375N1037
Current stock price
OPK Technical Rating and Analysis
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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 85% of all other stocks performed better in the past year than OPK.
- OPK is one of the lesser performing stocks in the Health Care Providers & Services industry. 65% of 101 stocks in the same industry do better.
- OPK is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 1.13 - 1.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- OPK has an average volume of 2821140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPK Weekly and Daily overview Charts
OPK Setup Rating and Analysis
OPK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone.
More info and screens
OPK Support and Resistance Analysis
1.13
2 important support areas can be observed.
- A support zone ranging from 1.17 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.24 to 1.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
OPK Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for OPK is neutral. |
| ChartMill Relative Strength | 15.06 | NEGATIVE | OPK has a low relative strength, it was outperformed by 84.94% 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) | 46.65 | NEUTRAL | The RSI value for OPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OPK has a positive trend. |
| Stochastics (14,3) | 36.97 | NEUTRAL | The Stochastics value for OPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 9.72 | NEGATIVE | The low ADX value for OPK suggests a weak or negative trend. |
OPK Chart- and CandleStick Pattern Analysis
OPK Technicals: Chart, Performance Metrics, Trend & Indicators
1.19
0 (0%)
OPKO HEALTH INC / OPK TA FAQ
Can you provide the ChartMill technical rating for OPKO HEALTH INC?
ChartMill assigns a technical rating of 0 / 10 to OPK.
What is the current trend direction of OPKO HEALTH INC (OPK) stock?
The current trend direction for OPKO HEALTH INC (OPK) is Bearish.
What is the RSI signal for OPK stock?
OPKO HEALTH INC (OPK) has an RSI value of 46.6511. This indicates that the stock is currently neutral.
What is the MACD signal for OPKO HEALTH INC (OPK) stock?
The MACD indicator for OPKO HEALTH INC (OPK) has a value of 0.00297327, indicating a bearish trend.
What is the short term momentum for OPK stock?
The short term momentum for OPKO HEALTH INC (OPK) is neutral.