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 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 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. 63% of 100 stocks in the same industry do better.
- 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 1.09 - 1.22 range, which is quite wide. It is currently trading near the lows of this range.
- OPK has an average volume of 2686600 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. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for OPK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.24 from a trend line in the daily time frame.
- Resistance @1.27 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 | DOWN | NEGATIVE | The short term trend for OPK is down. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | OPK has a low relative strength, it was outperformed by 84.91% 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) | 45.38 | NEUTRAL | The RSI value for OPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OPK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for OPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for OPK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | 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
1.14
+0.01 (+0.88%)
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 OPKO HEALTH INC (OPK) stock?
OPKO HEALTH INC (OPK) has an RSI value of 45.3788. 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 -0.000150031, 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 1.15. Check the full technical report for our detailed analysis of OPK support and resistance levels.