OPKO HEALTH INC (OPK) Stock Technical Analysis
NASDAQ:OPK - Nasdaq - US68375N1037 - Common Stock - Currency: USD
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 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: 76% of all stocks are doing 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.
OPK has an average volume of 3263310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPK is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, OPK did better than 43% of them.
In the last month OPK has a been trading in the 1.23 - 1.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OPK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.21
1.39
When analyzing the support we can see 2 important areas.
- Support @1.27 from a trend line in the weekly time frame.
- A support zone ranging from 1.22 to 1.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.34 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 24 | NEGATIVE | OPK has a low relative strength, it was outperformed by 76% 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) | 45.53 | 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) | 52.26 | NEUTRAL | The Stochastics value for OPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for OPK suggests a weak or negative 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)
1.33
-0.01 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.75%
1 Week-2.21%
2 Weeks-2.21%
1 Month0%
3 Month-23.56%
6 Month-16.35%
12 Month6.4%
2 Year-38.71%
3 Year-47.43%
5 Year-61%
10 Year-91.73%
15 Year-41.15%
Volatility
ATR(14)0.05
ATR(20)%3.54%
ATR Inc-19.69%
Range Today0.04
ADR(20)0.05
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24
Mansfield-1.5
10 Day High1.42
10 Day Low1.32
20 Day High1.42
20 Day Low1.23
52 Week High2.04
52 Week Low1.19
CS1 End1.27
CR1 Start1.34
Volume & EV
DER(3)1.15%
DER(5)2.48%
Volume2.31M
Volume Incr-21.98%
Vol(5)2.33M
Vol(50)3.26M