OPKO HEALTH INC (OPK) Stock Technical Analysis
USA - NASDAQ:OPK - US68375N1037 - Common Stock
Overall OPK gets a technical rating of 0 out of 10. 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 technical rating of OPK 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
1.17
We found 3 important support areas.
- Support @1.25 from a trend line in the weekly time frame.
- Support @1.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @1.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.46 to 1.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.50 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for OPK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPK is down. |
| ChartMill Relative Strength | 35.08 | NEUTRAL | OPK is not amongst the best or worst performers 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) | 37.45 | NEUTRAL | The RSI value for OPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OPK has a negative trend. |
| Stochastics (14,3) | 16.22 | OVERSOLD | The low Stochastics value suggests OPK may be oversold. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.13 | NEGATIVE | The low ADX value for OPK suggests a weak or negative trend. |
1.34
-0.04 (-2.9%)
OPKO HEALTH INC / OPK FAQ
Can you provide the ChartMill technical rating for OPKO HEALTH INC?
ChartMill assigns a technical rating of 0 / 10 to OPK.
Can you provide the trend direction for OPKO HEALTH INC?
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 37.4509. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPKO HEALTH INC?
The MACD indicator for OPKO HEALTH INC (OPK) has a value of -0.0165281, indicating a bearish trend.
Can you provide the short term momentum for OPKO HEALTH INC?
The short term momentum for OPKO HEALTH INC (OPK) is negative.