Taking everything into account, OPTXW scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPTXW is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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. We also observe that the gains produced by OPTXW over the past year are nicely spread over this period.
- OPTXW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OPTXW is lagging the market slightly.
- In the last month OPTXW has a been trading in the 0.25 - 1.21 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OPTXW has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.10
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 | 99.89 | POSITIVE | OPTXW has a high relative strength, it outperformed 99.89% 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) | 63.47 | NEUTRAL | The RSI value for OPTXW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests OPTXW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests OPTXW may be overbought. |
| Average True Range in percent/ATR (20) | 18.74 | HIGH VOLATILITY | The high ATR as a percentage value for OPTXW suggests high volalility. |
| Average Directional Index/ADX (14) | 57.34 | POSITIVE | The high ADX value value for OPTXW suggests a strong trend. |
NASDAQ:OPTXW (2/2/2026, 1:40:59 PM)
1.11
+0.16 (+16.84%)
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 10 / 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 63.4711. 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 0.0273067, 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 positive.