OMNILIT ACQUISITION CL A -23 (OPTXW) Stock Technical Analysis
USA - NASDAQ:OPTXW -
Taking everything into account, OPTXW scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, OPTXW is only an average performer.
OPTXW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.08, 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.
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0.05
4 important support areas can be observed.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.11 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for OPTXW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPTXW is up. |
| ChartMill Relative Strength | 76.35 | POSITIVE | OPTXW has a high relative strength, it outperformed 76.35% 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) | UP | POSITIVE | The current price of OPTXW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.21 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 44.6 | NEUTRAL | The Stochastics value for OPTXW is a neutral value. |
| Average True Range in percent/ATR (20) | 17.7 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.8 | POSITIVE | The high ADX value value for OPTXW suggests a strong trend. |
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 |
|---|---|---|---|
| 0.11 | 0.07 | 0.05 (40.91%) | 2.44% |
| An entry @0.11. This is a Buy Stop order right above the resistance zone. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 40.91%. | When investing 2.44% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:OPTXW (9/23/2025, 8:01:40 PM)
0.0901
+0 (+2.97%)