OCEANPAL INC (OP) Stock Technical Analysis
NASDAQ:OP - Nasdaq - MHY6430L2029 - Common Stock - Currency: USD
Taking everything into account, OP scores 0 out of 10 in our technical rating. OP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OP is a bad performer in the overall market: 95% of all stocks are doing better.
OP is part of the Marine Transportation industry. There are 31 other stocks in this industry, of which 80% are performing better than OP.
OP is currently trading near the lower end of its 52 week range, which is not a good sign. OP is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month OP has a been trading in the 0.63 - 0.90 range, which is quite wide. It is currently trading near the lows of this range.
Warning: OP has an average volume of 11938 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
OP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.70
0.82
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.42
Mansfield-5.22
10 Day High0.76
10 Day Low0.64
20 Day High0.9
20 Day Low0.63
52 Week High2.71
52 Week Low0.63
Performance
1 Week1.61%
2 Weeks8.02%
1 Month-22.85%
3 Month-40.5%
6 Month-59%
12 Month-70.99%
2 Year-87.25%
3 Year-99.4%
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)36.16
LBB0.62
UBB0.81
NASDAQ:OP (4/24/2025, 8:00:02 PM)
0.7021
+0.03 (+4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg4.46%
1 Week1.61%
2 Weeks8.02%
1 Month-22.85%
3 Month-40.5%
6 Month-59%
12 Month-70.99%
2 Year-87.25%
3 Year-99.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%9.16%
ATR Inc-37.43%
Range Today0.03
ADR(20)0.06
ADR(20)%8.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.42
Mansfield-5.22
10 Day High0.76
10 Day Low0.64
20 Day High0.9
20 Day Low0.63
52 Week High2.71
52 Week Low0.63
CS1 EndN/A
CR1 Start0.76
Volume & EV
DER(3)-8.74%
DER(5)-5.17%
Volume3.60K
Volume Incr3.95%
Vol(5)12.62K
Vol(50)11.94K