OPXS Technical Analysis - OPTEX SYSTEMS HOLDINGS INC

Technical Rating and Analysis

Taking everything into account, OPXS scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, OPXS has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

OPXS is part of the Aerospace & Defense industry. There are 69 other stocks in this industry. OPXS outperforms 76% of them.

OPXS 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 OPXS is lagging the market slightly.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When comparing the yearly performance of all stocks, we notice that OPXS is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

In the last month OPXS has a been trading in the 11.82 - 17.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

OPTEX SYSTEMS HOLDINGS INC / OPXS Weekly stock chart

OPTEX SYSTEMS HOLDINGS INC / OPXS Daily stock chart

Setup Rating and Analysis

Although OPXS has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.49

15.15

3 important support areas can be observed.

A support zone ranging from 13.23 to 13.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 12.26 to 12.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @11.61 from a trend line in the daily time frame.

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Technical Indicator Signal Analysis

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 OPXS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for OPXS is up.
ChartMill Relative Strength	90.6	POSITIVE	OPXS has a high relative strength, it outperformed 90.6% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of OPXS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of OPXS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of OPXS is above the rising SMA(200).
Relative Strength Index/RSI (14)	65.42	NEUTRAL	The RSI value for OPXS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.2	POSITIVE	The MACD value suggests OPXS has a positive trend.
Stochastics (14,3)	48.07	NEUTRAL	The Stochastics value for OPXS is a neutral value.
Average True Range in percent/ATR (20)	5.72	HIGH VOLATILITY	The high ATR as a percentage value for OPXS suggests high volalility.
Average Directional Index/ADX (14)	31.46	POSITIVE	The high ADX value value for OPXS suggests a strong trend.