OMNILIT ACQUISITION CL A -23 (OPTXW) Technical Analysis
NASDAQ:OPTXW
Current stock price
OPTXW Technical Rating and Analysis
Overall OPTXW gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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!
- Looking at the yearly performance, OPTXW did better than 99% of all other stocks.
- OPTXW 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 OPTXW is lagging the market slightly.
- In the last month OPTXW has a been trading in the 0.72 - 1.35 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.
OPTXW Weekly and Daily overview Charts
OPTXW Setup Rating and Analysis
Besides having an excellent technical rating, OPTXW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OPTXW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
OPTXW Support and Resistance Analysis
0.89
When analyzing the support we notice one important area.
- A support zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
OPTXW Technical Indicator Signal Analysis
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 OPTXW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPTXW is neutral. |
| ChartMill Relative Strength | 99.94 | POSITIVE | OPTXW has a high relative strength, it outperformed 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPTXW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPTXW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPTXW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for OPTXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests OPTXW has a negative trend. |
| Stochastics (14,3) | 44.67 | NEUTRAL | The Stochastics value for OPTXW is a neutral value. |
| Average True Range in percent/ATR (20) | 22.46 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 24.51 | NEUTRAL | The ADX value for OPTXW suggests a possible start of a new trend. |
OPTXW Chart- and CandleStick Pattern Analysis
OPTXW Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.07 | 0.89 | 0.18 (17.02%) | 5.87% |
| An entry @1.07. This is a Buy Stop order right above the 10 day moving average. | An exit @0.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 17.02%. | For a 1.00% total portfolio risk, you can invest 5.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OPTXW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OPTXW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:OPTXW (3/13/2026, 8:00:02 PM)
0.95
-0.06 (-5.56%)
OMNILIT ACQUISITION CL A -23 / OPTXW TA FAQ
What is the ChartMill technical rating of OMNILIT ACQUISITION CL A -23 (OPTXW) stock?
ChartMill assigns a technical rating of 8 / 10 to OPTXW.
Can you provide the trend direction for OMNILIT ACQUISITION CL A -23?
The current trend direction for OMNILIT ACQUISITION CL A -23 (OPTXW) is Bullish.
Can you provide the RSI signal for OMNILIT ACQUISITION CL A -23?
OMNILIT ACQUISITION CL A -23 (OPTXW) has an RSI value of 46.889. This indicates that the stock is currently neutral.
What is the MACD signal for OPTXW stock?
The MACD indicator for OMNILIT ACQUISITION CL A -23 (OPTXW) has a value of -0.0276348, indicating a bearish trend.
What is the short term momentum for OMNILIT ACQUISITION CL A -23 (OPTXW) stock?
The short term momentum for OMNILIT ACQUISITION CL A -23 (OPTXW) is neutral.