OPKO HEALTH INC (OPK) Technical Analysis
NASDAQ:OPK • US68375N1037
Current stock price
OPK Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to OPK. OPK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, OPK is a bad performer in the overall market: 83% of all stocks are doing better.
- OPK is one of the lesser performing stocks in the Health Care Providers & Services industry. 62% of 100 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 1.09 - 1.22 range, which is quite wide. It is currently trading near the high of this range.
- OPK has an average volume of 2629540 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
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 resistance zone just above the current price starting at 1.18. Right above this resistance zone may be a good entry point.
More info and screens
OPK Support and Resistance Analysis
1.09
We found 1 important support area.
- Support @1.10 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.18 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.23 from a trend line in the daily time frame.
- Resistance @1.25 from a trend line in the weekly time frame.
- 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 | 17.03 | NEGATIVE | OPK has a low relative strength, it was outperformed by 82.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPK is above the rising 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) | 49.94 | 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) | 67.07 | NEUTRAL | The Stochastics value for OPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.58 | 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
1.17
-0.02 (-1.68%)
OPKO HEALTH INC / OPK TA FAQ
Can you provide the ChartMill technical rating for OPKO HEALTH INC?
ChartMill assigns a technical rating of 1 / 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 OPKO HEALTH INC (OPK) stock?
OPKO HEALTH INC (OPK) has an RSI value of 49.9406. This indicates that the stock is currently neutral.
What is the MACD signal for OPK stock?
The MACD indicator for OPKO HEALTH INC (OPK) has a value of 0.00689374, indicating a bearish trend.
What are the support and resistance levels for OPKO HEALTH INC (OPK) stock?
OPKO HEALTH INC (OPK) has a support level at 1.1 and a resistance level at 1.18. Check the full technical report for our detailed analysis of OPK support and resistance levels.