SYNTEC OPTICS HOLDINGS INC (OPTX) Stock Technical Analysis
NASDAQ:OPTX - Nasdaq - US87169M1053 - Common Stock - Currency: USD
Overall OPTX gets a technical rating of 4 out of 10. In the past year, OPTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, OPTX is a bad performer in the overall market: 90% of all stocks are doing better.
OPTX is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 83% of 125 stocks in the same industry do better.
OPTX is currently trading near the lower end of its 52 week range, which is not a good sign. OPTX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OPTX has a been trading in the 1.04 - 1.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, OPTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.43, a Stop Loss order could be placed below this zone.
More info and screens
1.07
2.12
3 important support areas can be observed.
- A support zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.14 from a trend line in the weekly time frame.
- Support @1.08 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.60 to 1.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.10 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-1.79
10 Day High1.63
10 Day Low1.4
20 Day High1.72
20 Day Low1.04
52 Week High8.39
52 Week Low0.85
Performance
1 Week-2.04%
2 Weeks-7.1%
1 Month34.58%
3 Month-24.21%
6 Month1.74%
12 Month-52.79%
2 YearN/A
3 YearN/A
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)0.01
RSI(14)51.07
LBB1.39
UBB1.61
1.44
-0.04 (-2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.7%
1 Week-2.04%
2 Weeks-7.1%
1 Month34.58%
3 Month-24.21%
6 Month1.74%
12 Month-52.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%10.65%
ATR Inc-45.59%
Range Today0.1
ADR(20)0.14
ADR(20)%9.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-1.79
10 Day High1.63
10 Day Low1.4
20 Day High1.72
20 Day Low1.04
52 Week High8.39
52 Week Low0.85
CS1 End1.43
CR1 Start1.54
Volume & EV
DER(3)-6.45%
DER(5)-6.56%
Volume21.10K
Volume Incr-78.55%
Vol(5)31.72K
Vol(50)119.64K