OPTIMIZERX CORP (OPRX) Stock Technical Analysis
NASDAQ:OPRX - Nasdaq - US68401U2042 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to OPRX. Both in the recent history as in the last year, OPRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
OPRX is one of the better performing stocks in the Health Care Technology industry, it outperforms 88% of 37 stocks in the same industry.
OPRX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OPRX is performing more or less in line with the market.
In the last month OPRX has a been trading in the 8.14 - 12.78 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, OPRX did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although OPRX has an excellent technical rating, the quality of the presented setup is not ideal 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
9.71
12.21
2 important support areas can be observed.
- A support zone ranging from 10.14 to 10.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.81 from a trend line 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 OPRX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPRX is up. |
| ChartMill Relative Strength | 95.91 | POSITIVE | OPRX has a high relative strength, it outperformed 95.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPRX is above the rising 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) | 66.88 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OPRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.05 | NEUTRAL | The Stochastics value for OPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.95 | POSITIVE | The high ADX value value for OPRX suggests a strong 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)
12.09
+0.48 (+4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg4.13%
1 Week13.52%
2 Weeks22%
1 Month44.27%
3 Month109.17%
6 Month148.26%
12 Month-6.57%
2 Year-13.89%
3 Year-52.74%
5 Year6.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%8.54%
ATR Inc-36.82%
Range Today0.84
ADR(20)0.96
ADR(20)%7.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.91
Mansfield5.27
10 Day High12.78
10 Day Low9.1
20 Day High12.78
20 Day Low8.14
52 Week High13
52 Week Low3.78
CS1 End10.2
CR1 StartN/A
Volume & EV
DER(3)3.04%
DER(5)3.17%
Volume219.00K
Volume Incr24.03%
Vol(5)321.53K
Vol(50)358.22K