OPORTUN FINANCIAL CORP (OPRT) Stock Technical Analysis
USA - NASDAQ:OPRT - US68376D1046 - Common Stock
We assign a technical rating of 2 out of 10 to OPRT. Although OPRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of OPRT 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.
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4.69
We can see 3 important resistance areas.
- A resistance zone ranging from 5.14 to 5.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.75 from a trend line in the daily time frame.
- Resistance @6.92 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for OPRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPRT is down. |
| ChartMill Relative Strength | 82.3 | POSITIVE | OPRT has a high relative strength, it outperformed 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OPRT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.71 | NEUTRAL | The RSI value for OPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests OPRT has a negative trend. |
| Stochastics (14,3) | 13.51 | OVERSOLD | The low Stochastics value suggests OPRT may be oversold. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for OPRT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for OPRT suggests a possible start of a new trend. |
4.735
+0.04 (+0.96%)
OPORTUN FINANCIAL CORP / OPRT FAQ
Can you provide the ChartMill technical rating for OPORTUN FINANCIAL CORP?
ChartMill assigns a technical rating of 2 / 10 to OPRT.
What is the current trend direction of OPORTUN FINANCIAL CORP (OPRT) stock?
The current trend direction for OPORTUN FINANCIAL CORP (OPRT) is Bearish.
What is the RSI signal for OPRT stock?
OPORTUN FINANCIAL CORP (OPRT) has an RSI value of 32.7075. This indicates that the stock is currently neutral.
What is the buy/sell signal for OPORTUN FINANCIAL CORP (OPRT) stock?
The buy/sell signal for OPORTUN FINANCIAL CORP (OPRT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for OPRT stock?
OPORTUN FINANCIAL CORP (OPRT) has a resistance level at 5.14. Check the full technical report for our detailed analysis of OPRT support and resistance levels.