OPTIVA INC (OPT.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:OPT • CA68403N3076
Taking everything into account, OPT scores 1 out of 10 in our technical rating. OPT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than OPT.
- OPT is one of the lesser performing stocks in the Software industry. 84% of 66 stocks in the same industry do better.
- OPT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- OPT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is bad, OPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines 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 OPT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPT.CA is down. |
| ChartMill Relative Strength | 1.65 | NEGATIVE | OPT.CA has a low relative strength, it was outperformed by 98.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OPT.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OPT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.99 | NEUTRAL | The RSI value for OPT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OPT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for OPT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for OPT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.28 | POSITIVE | The high ADX value value for OPT.CA suggests a strong trend. |
TSX:OPT (1/2/2026, 7:00:00 PM)
0.245
0 (0%)
OPTIVA INC / OPT.CA FAQ
Can you provide the ChartMill technical rating for OPTIVA INC?
ChartMill assigns a technical rating of 1 / 10 to OPT.CA.
Can you provide the trend direction for OPTIVA INC?
The current trend direction for OPTIVA INC (OPT.CA) is Bearish.
What is the RSI signal for OPTIVA INC (OPT.CA) stock?
OPTIVA INC (OPT.CA) has an RSI value of 48.9859. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OPTIVA INC?
The MACD indicator for OPTIVA INC (OPT.CA) has a value of 0.00417477, indicating a bearish trend.
What is the short term momentum for OPT stock?
The short term momentum for OPTIVA INC (OPT.CA) is negative.