Taking everything into account, OPRX scores 4 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.
Although the technical rating is only medium, OPRX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.44, a Stop Loss order could be placed below this zone.
More info and screens
12.12
When analyzing the support we notice one important area.
- A support zone ranging from 12.24 to 12.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @13.86 from a horizontal 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 | 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 | 94.15 | POSITIVE | OPRX has a high relative strength, it outperformed 94.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OPRX is above 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 | MIXED | The current price of OPRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.24 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests OPRX has a positive trend. |
| Stochastics (14,3) | 79.43 | NEUTRAL | The Stochastics value for OPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.46 | POSITIVE | The high ADX value value for OPRX suggests a strong trend. |
13.36
-0.49 (-3.54%)
OPTIMIZERX CORP / OPRX FAQ
What is the ChartMill technical rating of OPTIMIZERX CORP (OPRX) stock?
ChartMill assigns a technical rating of 4 / 10 to OPRX.
Can you provide the trend direction for OPTIMIZERX CORP?
The current trend direction for OPTIMIZERX CORP (OPRX) is Bearish.
What is the RSI signal for OPTIMIZERX CORP (OPRX) stock?
OPTIMIZERX CORP (OPRX) has an RSI value of 47.2438. 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 0.222893, indicating a bearish trend.
Can you provide the short term momentum for OPTIMIZERX CORP?
The short term momentum for OPTIMIZERX CORP (OPRX) is neutral.