NASDAQ:OPNT - Nasdaq - US6837501039 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to OPNT. Although OPNT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, OPNT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 20.53, a Stop Loss order could be placed below this zone.
19.83
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for OPNT is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPNT is neutral. |
ChartMill Relative Strength | 36.12 | NEUTRAL | OPNT is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of OPNT is below the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPNT is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPNT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.13 | NEUTRAL | The RSI value for OPNT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests OPNT has a negative trend. |
Stochastics (14,3) | 20.39 | NEUTRAL | The Stochastics value for OPNT is a neutral value. |
Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for OPNT suggests low volalility. |
Average Directional Index/ADX (14) | 47.86 | POSITIVE | The high ADX value value for OPNT suggests a strong trend. |
20.65
-0.12 (-0.58%)