OPPENHEIMER HOLDINGS-CL A (OPY) Technical Analysis
NYSE:OPY • US6837971042
Current stock price
OPY Technical Rating and Analysis
Taking everything into account, OPY scores 8 out of 10 in our technical rating. In the last year, OPY was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month OPY has a been trading in the 81.63 - 91.45 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, OPY did better than 85% of all other stocks. We also observe that the gains produced by OPY over the past year are nicely spread over this period.
- OPY is part of the Capital Markets industry. There are 242 other stocks in this industry. OPY outperforms 90% of them.
- OPY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OPY is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
OPY Weekly and Daily overview Charts
OPY Setup Rating and Analysis
OPY 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 83.38, a Stop Loss order could be placed below this zone.
More info and screens
OPY Support and Resistance Analysis
65.36
When analyzing the support we can see 3 important areas.
- A support zone ranging from 82.16 to 83.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.78 from a trend line in the weekly time frame.
- A support zone ranging from 66.02 to 66.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @88.28 from a trend line in the daily time frame.
OPY 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 OPY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OPY is down. |
| ChartMill Relative Strength | 85.05 | POSITIVE | OPY has a high relative strength, it outperformed 85.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OPY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OPY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OPY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for OPY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.79 | NEGATIVE | The MACD value suggests OPY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.98 | OVERSOLD | The low Stochastics value suggests OPY may be oversold. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for OPY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for OPY suggests a weak or negative trend. |
OPY Chart- and CandleStick Pattern Analysis
OPY Example Setup
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 |
|---|---|---|---|
| 88.29 | 82.15 | 6.14 (6.95%) | 14.38% |
| An entry @88.29. This is a Buy Stop order right above the resistance zone. | An exit @82.15. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.14 points, which is 6.95%. | When investing 14.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
OPY Technicals: Chart, Performance Metrics, Trend & Indicators
84.46
+0.96 (+1.15%)
OPPENHEIMER HOLDINGS-CL A / OPY TA FAQ
What is the technical rating for OPY stock?
ChartMill assigns a technical rating of 8 / 10 to OPY.
What is the trend direction for OPY stock?
The current trend direction for OPPENHEIMER HOLDINGS-CL A (OPY) is Bullish.
What is the RSI signal for OPPENHEIMER HOLDINGS-CL A (OPY) stock?
OPPENHEIMER HOLDINGS-CL A (OPY) has an RSI value of 48.0386. This indicates that the stock is currently neutral.
What is the MACD signal for OPY stock?
The MACD indicator for OPPENHEIMER HOLDINGS-CL A (OPY) has a value of -0.791834, indicating a bearish trend.
Can you provide the short term momentum for OPPENHEIMER HOLDINGS-CL A?
The short term momentum for OPPENHEIMER HOLDINGS-CL A (OPY) is negative.