OMNILIT ACQUISITION CL A -23 (OPTXW) Stock Technical Analysis
NASDAQ:OPTXW
Overall OPTXW gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OPTXW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month OPTXW has a been trading in the 0.80 - 1.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- 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!
- When comparing the yearly performance of all stocks, we notice that OPTXW is one of the better performing stocks in the market, outperforming 99% of all stocks.
- OPTXW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPTXW is lagging the market.
- Considerably lower volume is observed in the last couple of days.
OPTXW has an excellent technical rating and 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.
More info and screens
0.94
When analyzing the support we notice one important area.
- Support @0.95 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 | 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) | UP | MIXED | The current price of OPTXW is below 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) | 52.89 | NEUTRAL | The RSI value for OPTXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests OPTXW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.68 | OVERSOLD | The low Stochastics value suggests OPTXW may be oversold. |
| Average True Range in percent/ATR (20) | 26.87 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 43.2 | POSITIVE | The high ADX value value for OPTXW suggests a strong trend. |
NASDAQ:OPTXW (2/20/2026, 8:00:01 PM)
1.1
+0.04 (+3.77%)
OMNILIT ACQUISITION CL A -23 / OPTXW FAQ
What is the ChartMill technical rating of OMNILIT ACQUISITION CL A -23 (OPTXW) stock?
ChartMill assigns a technical rating of 9 / 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 52.8901. 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 -0.0672569, 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.