CRESCENT (OPTI.BR)

BE0003836534 - Common Stock

0.01  0 (-7.41%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OPTI. OPTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OPTI is a bad performer in the overall market: 96% of all stocks are doing better.
OPTI is part of the Communications Equipment industry. There are 29 other stocks in this industry, of which 82% are performing better than OPTI.
In the last month OPTI has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
OPTI has an average volume of 1395970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OPTI 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 OPTI is lagging the market slightly.
Statistics
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.4
Mansfield-4.34
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0
Performance
1 Week-28%
2 Weeks-34.15%
1 Month-36.47%
3 Month-34.15%
6 Month-44.33%
12 Month-35.71%
Weekly and Daily overview Charts
OPTI Weekly chart
OPTI Daily chart
Setup Rating and Analysis

3

The technical rating of OPTI is bad and it also does not present a 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

0.01

0.02

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.
OPTI Daily chart

CRESCENT

EBR:OPTI (9/29/2023, 10:14:03 AM)

0.01

0 (-7.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-7.41%
1 Week-28%
2 Weeks-34.15%
1 Month-36.47%
3 Month-34.15%
6 Month-44.33%
12 Month-35.71%
Volatility
ATR(14)0
ATR(20)%10.37%
ATR Inc83.75%
Range Today0
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.4
Mansfield-4.34
10 Day High0.02
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.02
52 Week Low0
CS1 EndN/A
CR1 Start0.02
Volume & EV
DER(3)-1.13%
DER(5)-2.28%
Volume274.10K
Volume Incr648.3%
Vol(5)6.73M
Vol(50)1.40M