OPORTUN FINANCIAL CORP (OPRT) Stock Technical Analysis
NASDAQ:OPRT - Nasdaq - US68376D1046 - Common Stock - Currency: USD
Taking everything into account, OPRT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPRT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OPRT is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, OPRT also shows a nice and consistent pattern of rising prices.
OPRT is part of the Consumer Finance industry. There are 52 other stocks in this industry. OPRT outperforms 84% of them.
OPRT 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 OPRT is lagging the market slightly.
In the last month OPRT has a been trading in the 6.11 - 7.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, OPRT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.20, a Stop Loss order could be placed below this zone.
More info and screens
4.42
7.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.14 to 6.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.85 from a trend line in the weekly time frame.
- A support zone ranging from 4.69 to 4.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.46 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.99 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.29 to 7.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 OPRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPRT is up. |
| ChartMill Relative Strength | 96.67 | POSITIVE | OPRT has a high relative strength, it outperformed 96.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.6 | NEUTRAL | The RSI value for OPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OPRT has a negative trend. |
| Stochastics (14,3) | 53.92 | NEUTRAL | The Stochastics value for OPRT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.35 | HIGH VOLATILITY | The high ATR as a percentage value for OPRT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for OPRT suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.05 | 6.62 | 0.43 (6.10%) | 16.40% |
| An entry @7.05. This is a Buy Stop order right above the resistance zone. | An exit @6.62. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.43 points, which is 6.10%. | For a 1.00% total portfolio risk, you can invest 16.40% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OPRT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.83
-0.17 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.43%
1 Week-2.57%
2 Weeks3.64%
1 Month5.56%
3 Month15.57%
6 Month73.79%
12 Month139.65%
2 Year14.41%
3 Year-17.41%
5 Year-49.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%6.35%
ATR Inc-17.13%
Range Today0.43
ADR(20)0.42
ADR(20)%6.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.67
Mansfield5.26
10 Day High7.5
10 Day Low6.63
20 Day High7.5
20 Day Low6.11
52 Week High9.24
52 Week Low2.37
CS1 End6.2
CR1 Start6.99
Volume & EV
DER(3)-6.26%
DER(5)-6.63%
Volume583.40K
Volume Incr9.4%
Vol(5)362.38K
Vol(50)366.67K