OPIANT PHARMACEUTICALS INC (OPNT) Technical Analysis
NASDAQ:OPNT • US6837501039
Current stock price
OPNT Technical Rating and Analysis
Overall OPNT gets a technical rating of 5 out of 10. Although OPNT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, OPNT is a bad performer in the overall market: 64% of all stocks are doing better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month OPNT has a been trading in the 20.00 - 21.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- OPNT is an average performer in the Pharmaceuticals industry, it outperforms 54% of 192 stocks in the same industry.
- OPNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OPNT is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
OPNT Weekly and Daily overview Charts
OPNT Setup Rating and Analysis
OPNT has only a medium technical rating, but it does show a decent setup pattern. 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.
More info and screens
OPNT Support and Resistance Analysis
19.83
We found 1 important support area.
- A support zone ranging from 20.03 to 20.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.78 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
OPNT 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 | 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. |
OPNT Chart- and CandleStick Pattern Analysis
OPNT Technicals: Chart, Performance Metrics, Trend & Indicators
20.65
-0.12 (-0.58%)
OPIANT PHARMACEUTICALS INC / OPNT TA FAQ
What is the technical rating for OPNT stock?
ChartMill assigns a technical rating of 5 / 10 to OPNT.
Can you provide the trend direction for OPIANT PHARMACEUTICALS INC?
The current trend direction for OPIANT PHARMACEUTICALS INC (OPNT) is Bullish.
Can you provide the RSI signal for OPIANT PHARMACEUTICALS INC?
OPIANT PHARMACEUTICALS INC (OPNT) has an RSI value of 50.1272. This indicates that the stock is currently neutral.
What is the short term momentum for OPNT stock?
The short term momentum for OPIANT PHARMACEUTICALS INC (OPNT) is neutral.