OPTIMIZERX CORP (OPRX) Stock Technical Analysis
NASDAQ:OPRX - Nasdaq - US68401U2042 - Common Stock - Currency: USD
Overall OPRX gets a technical rating of 7 out of 10. In the last year, OPRX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month OPRX has a been trading in the 12.20 - 15.71 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
OPRX is one of the better performing stocks in the Health Care Technology industry, it outperforms 80% of 36 stocks in the same industry.
OPRX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OPRX is lagging the market slightly.
Looking at the yearly performance, OPRX did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
OPRX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.35. Right above this resistance zone may be a good entry point.
More info and screens
12.22
14.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.64 to 12.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.34 to 12.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.35 to 13.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.64 to 13.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.50 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for OPRX is neutral. |
| ChartMill Relative Strength | 89.84 | POSITIVE | OPRX has a high relative strength, it outperformed 89.84% 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) | 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) | 46.17 | NEUTRAL | The RSI value for OPRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests OPRX has a negative trend. |
| Stochastics (14,3) | 52.33 | NEUTRAL | The Stochastics value for OPRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.76 | HIGH VOLATILITY | The high ATR as a percentage value for OPRX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for OPRX suggests a weak or negative 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)
12.7
-0.58 (-4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-4.37%
1 Week-5.44%
2 Weeks0.4%
1 Month-16.45%
3 Month56.21%
6 Month136.94%
12 Month24.63%
2 Year-8.96%
3 Year-43.48%
5 Year-10.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%5.76%
ATR Inc-6.36%
Range Today1.01
ADR(20)0.73
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.84
Mansfield4.66
10 Day High14.06
10 Day Low12.36
20 Day High15.71
20 Day Low12.2
52 Week High15.71
52 Week Low3.78
CS1 End12.69
CR1 Start13.35
Volume & EV
DER(3)-4.59%
DER(5)-3.35%
Volume172.30K
Volume Incr-55.35%
Vol(5)143.72K
Vol(50)307.95K