OPTIMIZERX CORP (OPRX) Technical Analysis
NASDAQ:OPRX • US68401U2042
Current stock price
OPRX Technical Rating and Analysis
Overall OPRX gets a technical rating of 0 out of 10. OPRX'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, OPRX is a bad performer in the overall market: 92% of all stocks are doing better.
- OPRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OPRX is lagging the market.
- OPRX is part of the Health Care Technology industry. There are 35 other stocks in this industry, OPRX did better than 55% of them.
- In the last month OPRX has a been trading in the 5.92 - 7.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OPRX Weekly and Daily overview Charts
OPRX Setup Rating and Analysis
Although the technical rating is bad, OPRX does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
OPRX Support and Resistance Analysis
5.86
We found 3 important support areas.
- Support @6.49 from a trend line in the daily time frame.
- Support @6.08 from a trend line in the weekly time frame.
- A support zone ranging from 5.92 to 5.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.52 to 6.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.77 from a trend line in the daily time frame.
- Resistance @7.19 from a horizontal line in the daily time frame.
OPRX 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 OPRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPRX is neutral. |
| ChartMill Relative Strength | 8.83 | NEGATIVE | OPRX has a low relative strength, it was outperformed by 91.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OPRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.45 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests OPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.41 | NEUTRAL | The Stochastics value for OPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 27.82 | POSITIVE | The high ADX value value for OPRX suggests a strong trend. |
OPRX Chart- and CandleStick Pattern Analysis
OPRX Technicals: Chart, Performance Metrics, Trend & Indicators
6.5
-0.15 (-2.26%)
OPTIMIZERX CORP / OPRX TA FAQ
What is the ChartMill technical rating of OPTIMIZERX CORP (OPRX) stock?
ChartMill assigns a technical rating of 0 / 10 to OPRX.
What is the current trend direction of OPTIMIZERX CORP (OPRX) stock?
The current trend direction for OPTIMIZERX CORP (OPRX) is Bearish.
What is the RSI signal for OPRX stock?
OPTIMIZERX CORP (OPRX) has an RSI value of 42.4549. This indicates that the stock is currently neutral.
What is the MACD signal for OPTIMIZERX CORP (OPRX) stock?
The MACD indicator for OPTIMIZERX CORP (OPRX) has a value of 0.13278, indicating a bearish trend.
What is the support and resistance level for OPRX stock?
OPTIMIZERX CORP (OPRX) has a support level at 6.49 and a resistance level at 6.52. Check the full technical report for our detailed analysis of OPRX support and resistance levels.