OMNILIT ACQUISITION CL A -23 (OPTXW) Stock Technical Analysis
NASDAQ:OPTXW - Nasdaq - - Currency: USD
We assign a technical rating of 3 out of 10 to OPTXW. In the past year, OPTXW 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.
90% of all other stocks performed better in the past year than OPTXW.
OPTXW is currently trading in the lower part 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.
Warning: OPTXW has an average volume of 23014 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month OPTXW has a been trading in the 0.03 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of OPTXW is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.03
0.11
4 important support areas can be observed.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.04 from a trend line in the weekly time frame.
- Support @0.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.11 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for OPTXW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OPTXW is neutral. |
| ChartMill Relative Strength | 10.44 | NEGATIVE | OPTXW has a low relative strength, it was outperformed by 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPTXW is above the rising 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) | DOWN | NEGATIVE | The current price of OPTXW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for OPTXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OPTXW has a positive trend. |
| Stochastics (14,3) | 72.31 | NEUTRAL | The Stochastics value for OPTXW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.48 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 11.01 | NEGATIVE | The low ADX value for OPTXW suggests a weak or negative trend. |
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)
NASDAQ:OPTXW (5/23/2025, 8:44:47 PM)
After market: 0.0494 -0.02 (-29.23%)0.0698
+0.01 (+23.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg23.76%
1 Week58.64%
2 Weeks44.51%
1 Month73.63%
3 Month-20.68%
6 Month74.94%
12 Month-52.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%11.48%
ATR Inc245.76%
Range Today0.02
ADR(20)0.01
ADR(20)%10.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.44
Mansfield-1.76
10 Day High0.07
10 Day Low0.04
20 Day High0.07
20 Day Low0.03
52 Week High0.31
52 Week Low0.03
CS1 End0.06
CR1 Start0.11
Volume & EV
DER(3)29.68%
DER(5)31.77%
Volume28.50K
Volume Incr7.23%
Vol(5)27.52K
Vol(50)23.01K