OPOWER INC (OPWR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:OPWR
Taking everything into account, OPWR scores 9 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, OPWR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- OPWR has an average volume of 1366520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that OPWR is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- OPWR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OPWR is lagging the market.
- In the last month OPWR has a been trading in a tight range between 10.26 and 10.31.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, OPWR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.29, a Stop Loss order could be placed below this zone.
More info and screens
8.17
We found 2 important support areas.
- A support zone ranging from 10.23 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.25 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @10.57 from a horizontal 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 | UP | POSITIVE | The long term trend for OPWR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OPWR is up. |
| ChartMill Relative Strength | 81.2 | POSITIVE | OPWR has a high relative strength, it outperformed 81.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPWR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPWR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPWR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.55 | OVERBOUGHT | The high RSI value suggests OPWR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests OPWR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for OPWR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for OPWR suggests low volalility. |
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 |
|---|---|---|---|
| 10.32 | 10.27 | 0.05 (0.48%) | 25.00% |
| An entry @10.32. This is a Buy Stop order right above the 10 day high. | An exit @10.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- 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.
10.29
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OPOWER INC / OPWR FAQ
What is the ChartMill technical rating of OPOWER INC (OPWR) stock?
ChartMill assigns a technical rating of 8 / 10 to OPWR.
What is the current trend direction of OPOWER INC (OPWR) stock?
The current trend direction for OPOWER INC (OPWR) is Bullish.
What is the RSI signal for OPWR stock?
OPOWER INC (OPWR) has an RSI value of 76.545. This indicates that the stock is currently overbought.
What is the MACD signal for OPWR stock?
The MACD indicator for OPOWER INC (OPWR) has a value of -0.0929212, indicating a bearish trend.
What is the buy/sell signal for OPWR stock?
The buy/sell signal for OPOWER INC (OPWR) is buy as both the short term and long term trends are positive.