Logo image of OP

OCEANPAL INC (OP) Stock Technical Analysis

NASDAQ:OP - Nasdaq - MHY6430L2029 - Common Stock - Currency: USD

1.07  0 (0%)

After market: 1.05 -0.02 (-1.87%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OP. OP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than OP.
OP is part of the Marine Transportation industry. There are 29 other stocks in this industry, of which 75% are performing better than OP.
OP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month OP has a been trading in the 1.04 - 1.24 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OP has an average volume of 18526 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
OCEANPAL INC / OP Weekly stock chart
OCEANPAL INC / OP Daily stock chart
Setup Rating and Analysis

4

OP has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

1.06

1.81

4 important resistance areas can be observed.

  • A resistance zone ranging from 1.12 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.16 from a trend line in the daily time frame.
  • A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @1.79 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-4.56
10 Day High1.18
10 Day Low1.04
20 Day High1.24
20 Day Low1.04
52 Week High3.15
52 Week Low1.02
Performance
1 Week-5.31%
2 Weeks-4.71%
1 Month-10.08%
3 Month-25.69%
6 Month-35.93%
12 Month-43.09%
2 Year-89.49%
3 Year-98.87%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)34.21
LBB1.07
UBB1.15
OCEANPAL INC / OP Daily stock chart

OCEANPAL INC

NASDAQ:OP (2/21/2025, 8:00:02 PM)

After market: 1.05 -0.02 (-1.87%)

1.07

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0%
1 Week-5.31%
2 Weeks-4.71%
1 Month-10.08%
3 Month-25.69%
6 Month-35.93%
12 Month-43.09%
2 Year-89.49%
3 Year-98.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.24%
ATR Inc65.58%
Range Today0.07
ADR(20)0.04
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
Mansfield-4.56
10 Day High1.18
10 Day Low1.04
20 Day High1.24
20 Day Low1.04
52 Week High3.15
52 Week Low1.02
CS1 EndN/A
CR1 Start1.12
Volume & EV
DER(3)-27.99%
DER(5)-25.26%
Volume7.20K
Volume Incr10.85%
Vol(5)12.36K
Vol(50)18.53K