Taking everything into account, OPRX scores 2 out of 10 in our technical rating. Although OPRX 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.
OPRX has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
13.43
3 important support areas can be observed.
- Support @14.31 from a horizontal line in the weekly time frame.
- Support @14.01 from a trend line in the daily time frame.
- Support @13.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.28 to 15.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for OPRX is down. |
| ChartMill Relative Strength | 95.61 | POSITIVE | OPRX has a high relative strength, it outperformed 95.61% 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) | UP | POSITIVE | The current price of OPRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.99 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OPRX has a positive trend. |
| Stochastics (14,3) | 23.21 | NEUTRAL | The Stochastics value for OPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.38 | POSITIVE | The high ADX value value for OPRX suggests a strong trend. |
14.32
+0.21 (+1.49%)
OPTIMIZERX CORP / OPRX FAQ
What is the ChartMill technical rating of OPTIMIZERX CORP (OPRX) stock?
ChartMill assigns a technical rating of 2 / 10 to OPRX.
What is the trend direction for OPRX stock?
The current trend direction for OPTIMIZERX CORP (OPRX) is Bearish.
Can you provide the RSI signal for OPTIMIZERX CORP?
OPTIMIZERX CORP (OPRX) has an RSI value of 37.991. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPTIMIZERX CORP?
The MACD indicator for OPTIMIZERX CORP (OPRX) has a value of 0.0168653, indicating a bearish trend.
What is the support and resistance level for OPRX stock?
OPTIMIZERX CORP (OPRX) has a support level at 14.31 and a resistance level at 15.28. Check the full technical report for our detailed analysis of OPRX support and resistance levels.