OPERA LTD-ADR (OPRA)

US68373M1071 - ADR

13.34  -0.26 (-1.91%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to OPRA. OPRA was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

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 12.85 - 16.58 range, which is quite wide. It is currently trading near the lows of this range.
OPRA is part of the Software industry. There are 276 other stocks in this industry. OPRA outperforms 70% of them.
OPRA has an average volume of 1136200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, OPRA did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
OPRA Weekly chart
OPRA Daily chart
Setup Rating and Analysis

3

OPRA has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

10.57

16.74

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 13.33 to 13.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.36 from a trend line in the weekly time frame.
  • A support zone ranging from 10.68 to 10.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 14.29 to 14.50. 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 14.87 to 14.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @16.57 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.24
Mansfield-1.49
10 Day High15.42
10 Day Low12.85
20 Day High16.58
20 Day Low12.85
52 Week High28.58
52 Week Low10.3
Performance
1 Week-4.37%
2 Weeks-11.95%
1 Month-15.62%
3 Month24.09%
6 Month12.29%
12 Month11.54%
2 Year140.28%
3 Year25.35%
5 Year41.08%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)38.9
LBB13.14
UBB16.27
OPRA Daily chart

OPERA LTD-ADR

NASDAQ:OPRA (4/26/2024, 3:30:02 PM)

13.34

-0.26 (-1.91%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.91%
1 Week-4.37%
2 Weeks-11.95%
1 Month-15.62%
3 Month24.09%
6 Month12.29%
12 Month11.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%6.34%
ATR Inc
Range Today0.82
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.42
10 Day Low12.85
20 Day High16.58
20 Day Low12.85
52 Week High28.58
52 Week Low10.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr29.56%
Vol(5)971.90K
Vol(50)1.14M