OPPENHEIMER HOLDINGS-CL A (OPY) Technical Analysis
NYSE:OPY • US6837971042
Current stock price
OPY Technical Rating and Analysis
Taking everything into account, OPY 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, OPY is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, OPY did better than 93% 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 one of the better performing stocks in the Capital Markets industry, it outperforms 95% of 240 stocks in the same industry.
- OPY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month OPY has a been trading in the 83.60 - 118.77 range, which is quite wide. It is currently trading near the high of this range.
OPY Weekly and Daily overview Charts
OPY Setup Rating and Analysis
OPY 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
OPY Support and Resistance Analysis
65.36
We found 4 important support areas.
- A support zone ranging from 112.03 to 112.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.69 to 88.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.75 from a trend line in the weekly time frame.
- Support @66.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @115.92 from a horizontal 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 | UP | POSITIVE | The short term trend for OPY is up. |
| ChartMill Relative Strength | 93.04 | POSITIVE | OPY has a high relative strength, it outperformed 93.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OPY is above the rising 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) | 72.45 | OVERBOUGHT | The high RSI value suggests OPY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests OPY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.18 | OVERBOUGHT | The high Stochastics value suggests OPY may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for OPY suggests some volalility. |
| Average Directional Index/ADX (14) | 42.54 | POSITIVE | The high ADX value value for OPY suggests a strong 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 |
|---|---|---|---|
| 115.93 | 112.02 | 3.91 (3.37%) | 25.00% |
| An entry @115.93. This is a Buy Stop order right above the resistance zone. | An exit @112.02. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.91 points, which is 3.37%. | For a 0.84% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OPY. Please evaluate whether better entry and exit points can be found.
- 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
112.51
-3.41 (-2.94%)
OPPENHEIMER HOLDINGS-CL A / OPY TA FAQ
What is the technical rating for OPY stock?
ChartMill assigns a technical rating of 10 / 10 to OPY.
What is the trend direction for OPY stock?
The current trend direction for OPPENHEIMER HOLDINGS-CL A (OPY) is Bullish.
Can you provide the RSI signal for OPPENHEIMER HOLDINGS-CL A?
OPPENHEIMER HOLDINGS-CL A (OPY) has an RSI value of 72.4459. This indicates that the stock is currently overbought.
Can you provide the MACD signal for OPPENHEIMER HOLDINGS-CL A?
The MACD indicator for OPPENHEIMER HOLDINGS-CL A (OPY) has a value of 0.855206, indicating a bearish trend.
Can you provide the support and resistance levels for OPPENHEIMER HOLDINGS-CL A?
OPPENHEIMER HOLDINGS-CL A (OPY) has a support level at 112.5 and a resistance level at 115.92. Check the full technical report for our detailed analysis of OPY support and resistance levels.