OMNILIT ACQUISITION CL A -23 (OPTXW) Stock Technical Analysis
NASDAQ:OPTXW -
0.065 USD
0 (0%)
Taking everything into account, OPTXW scores 0 out of 10 in our technical rating. OPTXW 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.
89% 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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OPTXW has a been trading in the 0.06 - 0.11 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OPTXW has an average volume of 16634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
OPTXW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.06, 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
0.03
0.11
We found 3 important support areas.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.05 from a trend line in the weekly time frame.
- Support @0.03 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for OPTXW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPTXW is down. |
| ChartMill Relative Strength | 11.65 | NEGATIVE | OPTXW has a low relative strength, it was outperformed by 88.35% 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) | DOWN | NEGATIVE | The current price of OPTXW is below a declining 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) | 42.54 | NEUTRAL | The RSI value for OPTXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests OPTXW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.5 | OVERSOLD | The low Stochastics value suggests OPTXW may be oversold. |
| Average True Range in percent/ATR (20) | 20.29 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 9.66 | 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 (9/2/2025, 8:24:58 PM)
0.065
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week3.17%
2 Weeks-13.56%
1 Month-35%
3 Month-7.14%
6 Month-19.65%
12 Month-27.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%20.29%
ATR Inc-78.69%
Range Today0.01
ADR(20)0.01
ADR(20)%16.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.65
Mansfield-1.44
10 Day High0.08
10 Day Low0.06
20 Day High0.11
20 Day Low0.06
52 Week High0.28
52 Week Low0.03
CS1 End0.06
CR1 Start0.07
Volume & EV
DER(3)21.2%
DER(5)14.04%
Volume14.80K
Volume Incr-71.27%
Vol(5)4.00K
Vol(50)16.63K