CRESCENT (OPTI.BR)       0.0198  0 (-1%)

0.0198  0 (-1%)

BE0003836534 - Common Stock

Technical Rating

3

We assign a technical rating of 3 out of 10 to OPTI. In the last year, OPTI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.



The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OPTI is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so OPTI slightly outperforms the market at the moment.
In the last month OPTI has a been trading in the 0.02 - 0.02 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
OPTI has an average volume of 1263670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPTI is part of the Communications Equipment industry. There are 13 other stocks in this industry, OPTI did better than 53% of them.
When comparing the yearly performance of all stocks, OPTI is a bad performer in the overall market: 63% of all stocks are doing better.

Statistics

1 Month 3 Months 6 Months 12 Months 0.00% -5.71% 17.86% -4.35% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 37.61 0.0001 - 0.0225
OPTI Weekly chart
OPTI Daily chart

Support/Resistance Analysis


0.02

0.02
When analyzing the support we notice one important area.
  • A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
  • A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Setup Analysis

Setup Rating

7

Although the technical rating is bad, OPTI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.


OPTI Daily chart

CRESCENT0.0198

EBR:OPTI (3/28/2023, 7:00:00 PM)0 (-1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
Today-1%
1 Week1.54%
2 Weeks-1%
1 MonthN/A
3 Month-5.71%
6 Month17.86%
Volatility
ATR(14)0
ATR(20)%2.4%
ATR Inc64.06%
Range Today0
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.61
Mansfield0.65
10 Day High0.02
10 Day Low0.02
20 Day High0.02
20 Day Low0.02
52 Week High0.02
52 Week Low0
CS1 End0.02
CR1 Start0.02
Volume & EV
DER(3)N/A
DER(5)N/A
Volume759.61K
Volume Incr45.07%
Vol(5)1.28M
Vol(50)1.26M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the EuroNext

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the EuroNext

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the EuroNext