OPERA LTD-ADR (OPRA) Technical Analysis
NASDAQ:OPRA • US68373M1071
Current stock price
OPRA Technical Rating and Analysis
Overall OPRA gets a technical rating of 0 out of 10. OPRA'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, OPRA is a bad performer in the overall market: 71% of all stocks are doing better.
- OPRA 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 OPRA is lagging the market.
- In the last month OPRA has a been trading in the 13.42 - 15.95 range, which is quite wide. It is currently trading near the lows of this range.
- OPRA is part of the Software industry. There are 275 other stocks in this industry. OPRA outperforms 75% of them.
OPRA Weekly and Daily overview Charts
OPRA Setup Rating and Analysis
The technical rating of OPRA 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
OPRA Support and Resistance Analysis
11.66
We found 2 important support areas.
- A support zone ranging from 12.28 to 12.35. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @11.78 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 13.61 to 14.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.42 to 14.61. 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 14.97 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.55 from a trend line in the weekly time frame.
OPRA 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 OPRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPRA is down. |
| ChartMill Relative Strength | 29.8 | NEGATIVE | OPRA has a low relative strength, it was outperformed by 70.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for OPRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests OPRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.63 | OVERSOLD | The low Stochastics value suggests OPRA may be oversold. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for OPRA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for OPRA suggests a weak or negative trend. |
OPRA Chart- and CandleStick Pattern Analysis
OPRA Technicals: Chart, Performance Metrics, Trend & Indicators
13.6
+0.11 (+0.82%)
OPERA LTD-ADR / OPRA TA FAQ
What is the ChartMill technical rating of OPERA LTD-ADR (OPRA) stock?
ChartMill assigns a technical rating of 0 / 10 to OPRA.
What is the current trend direction of OPERA LTD-ADR (OPRA) stock?
The current trend direction for OPERA LTD-ADR (OPRA) is Bearish.
Can you provide the RSI signal for OPERA LTD-ADR?
OPERA LTD-ADR (OPRA) has an RSI value of 43.2048. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPERA LTD-ADR?
The MACD indicator for OPERA LTD-ADR (OPRA) has a value of -0.195278, indicating a bearish trend.
Can you provide the short term momentum for OPERA LTD-ADR?
The short term momentum for OPERA LTD-ADR (OPRA) is negative.