NASDAQ:OPTN - Nasdaq - US68404V2097 - Common Stock - Currency: USD
Overall OPTN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPTN is showing a nice and steady performance.
Although OPTN has an excellent technical rating, it 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.
5.24
We found 3 important support areas.
We found 1 important resistance area.
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 OPTN is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPTN is up. |
ChartMill Relative Strength | 82.3 | POSITIVE | OPTN has a high relative strength, it outperformed 82.3% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPTN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPTN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OPTN is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 72.36 | OVERBOUGHT | The high RSI value suggests OPTN may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OPTN has a negative trend. |
Stochastics (14,3) | 81.64 | OVERBOUGHT | The high Stochastics value suggests OPTN may be overbought. |
Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for OPTN suggests low volalility. |
Average Directional Index/ADX (14) | 55.14 | POSITIVE | The high ADX value value for OPTN suggests a strong trend. |
9.6
-0.11 (-1.13%)