OPTHEA LTD-SPON ADR (OPT)

US68386J2087 - ADR

3.4  -0.23 (-6.34%)

After market: 3.99 +0.59 (+17.35%)

Technical Rating and Analysis

5

Taking everything into account, OPT scores 5 out of 10 in our technical rating. In the last year, OPT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month OPT has a been trading in the 3.20 - 4.40 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OPT has an average volume of 19626 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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!
When comparing the performance of all stocks over the past year, OPT turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
OPT is part of the Biotechnology industry. There are 588 other stocks in this industry, OPT did better than 65% of them.
OPT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OPT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OPT Weekly chart
OPT Daily chart
Setup Rating and Analysis

3

OPT has an average technical rating and it also 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.

Support and Resistance Analysis

3.18

4.25

3 important support areas can be observed.

  • Support @3.37 from a trend line in the daily time frame.
  • A support zone ranging from 3.29 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.21 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 3.41 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 3.64 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.94 from a trend line in the weekly time frame.
  • Resistance @4.21 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.47
Mansfield0.85
10 Day High3.75
10 Day Low3.2
20 Day High4.4
20 Day Low3.2
52 Week High4.42
52 Week Low1.6
Performance
1 Week3.03%
2 Weeks-10.53%
1 Month-17.27%
3 Month26.39%
6 Month104.82%
12 Month-19.34%
2 Year-41.07%
3 Year-63.16%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)44.34
LBB3.11
UBB4.05
OPT Daily chart

OPTHEA LTD-SPON ADR

NASDAQ:OPT (4/26/2024, 7:08:13 PM)

After market: 3.99 +0.59 (+17.35%)

3.4

-0.23 (-6.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.34%
1 Week3.03%
2 Weeks-10.53%
1 Month-17.27%
3 Month26.39%
6 Month104.82%
12 Month-19.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%6.77%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.75
10 Day Low3.2
20 Day High4.4
20 Day Low3.2
52 Week High4.42
52 Week Low1.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.80K
Volume Incr-58.55%
Vol(5)5.48K
Vol(50)19.63K