OPTIMIZERX CORP (OPRX) Stock Technical Analysis
NASDAQ:OPRX - US68401U2042 - Common Stock
18.23 USD
+0.7 (+3.99%)
17.951 USD
-0.28 (-1.53%)
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.
The long and short term trends are both positive. This is looking good!
OPRX is one of the better performing stocks in the Health Care Technology industry, it outperforms 100% of 35 stocks in the same industry.
OPRX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OPRX has a been trading in the 12.01 - 18.96 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 performance is mostly based on the strong move around 4 months ago.
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, it does not offer a high quality setup 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
12.52
18.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.30 to 17.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 13.79 to 14.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.65 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 | 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 | 95.71 | POSITIVE | OPRX has a high relative strength, it outperformed 95.71% 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) | 66.19 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OPRX has a positive trend. |
| Stochastics (14,3) | 84.5 | OVERBOUGHT | The high Stochastics value suggests OPRX may be overbought. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.46 | 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)
18.23
+0.7 (+3.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg3.99%
1 Week12.95%
2 Weeks3.64%
1 Month44.45%
3 Month50.16%
6 Month251.93%
12 Month119.37%
2 Year113.97%
3 Year14.87%
5 Year-9.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%7%
ATR Inc-29.48%
Range Today1.49
ADR(20)1.2
ADR(20)%6.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.71
Mansfield8.8
10 Day High18.96
10 Day Low15.1
20 Day High18.96
20 Day Low12.01
52 Week High18.96
52 Week Low3.78
CS1 End17.53
CR1 StartN/A
Volume & EV
DER(3)4.92%
DER(5)7.28%
Volume584.00K
Volume Incr-8.64%
Vol(5)390.16K
Vol(50)316.75K