Taking everything into account, OPRT scores 2 out of 10 in our technical rating. OPRT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, OPRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for OPRT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4.53
3 important support areas can be observed.
- Support @4.89 from a trend line in the weekly time frame.
- Support @4.66 from a horizontal line in the weekly time frame.
- Support @4.58 from a trend line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 5.34 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.58 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.70 to 5.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.31 from a trend line in the daily time frame.
- Resistance @6.71 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 | NEUTRAL | NEUTRAL | The short term trend for OPRT is neutral. |
| ChartMill Relative Strength | 77.43 | POSITIVE | OPRT has a high relative strength, it outperformed 77.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OPRT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OPRT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.34 | 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) | 10.18 | OVERSOLD | The low Stochastics value suggests OPRT may be oversold. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for OPRT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.22 | NEGATIVE | The low ADX value for OPRT suggests a weak or negative trend. |
5.29
-0.06 (-1.12%)
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.
Can you provide the trend direction for OPORTUN FINANCIAL CORP?
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 47.3419. This indicates that the stock is currently neutral.
What is the short term momentum for OPORTUN FINANCIAL CORP (OPRT) stock?
The short term momentum for OPORTUN FINANCIAL CORP (OPRT) is neutral.
What is the support and resistance level for OPRT stock?
OPORTUN FINANCIAL CORP (OPRT) has a support level at 4.89 and a resistance level at 5.34. Check the full technical report for our detailed analysis of OPRT support and resistance levels.