OPOWER INC (OPWR) Stock Technical Analysis
NYSE:OPWR - New York Stock Exchange, Inc. -
Overall OPWR gets a technical rating of 9 out of 10. 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.
The long and short term trends are both positive. This is looking good!
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.
OPWR has an excellent technical rating and 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
10.68
When analyzing the support we can see 2 important 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.
We found 1 important resistance 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. |
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)
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 trade has a worst case loss of 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
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0.1%
1 Month0.1%
3 Month53.58%
6 Month0.98%
12 Month-15.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.16%
ATR Inc10.53%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.2
Mansfield0.83
10 Day High10.31
10 Day Low10.28
20 Day High10.31
20 Day Low10.26
52 Week High12.47
52 Week Low5.3
CS1 End10.29
CR1 Start10.57
Volume & EV
DER(3)1.05%
DER(5)0.72%
Volume1.40M
Volume Incr-73.55%
Vol(5)503.70K
Vol(50)1.37M