OP BANCORP (OPBK) Stock Technical Analysis
NASDAQ:OPBK - Nasdaq - US67109R1095 - Common Stock - Currency: USD
Overall OPBK gets a technical rating of 2 out of 10. Although OPBK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
OPBK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month OPBK has a been trading in the 10.43 - 12.16 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that OPBK is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
OPBK is an average performer in the Banks industry, it outperforms 59% of 398 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OPBK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
10.42
12.08
When analyzing the support we notice one important area.
- A support zone ranging from 10.53 to 10.69. 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
CRS80.57
Mansfield-0.3
10 Day High12.09
10 Day Low10.49
20 Day High12.16
20 Day Low10.43
52 Week High18.57
52 Week Low9.1
Performance
1 Week6.69%
2 Weeks4.45%
1 Month-1.56%
3 Month-15.72%
6 Month-15.48%
12 Month28.05%
2 Year31.57%
3 Year-7.72%
5 Year69.41%
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)0.16
RSI(14)53.34
LBB10.36
UBB12.01
11.96
+0.31 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.66%
1 Week6.69%
2 Weeks4.45%
1 Month-1.56%
3 Month-15.72%
6 Month-15.48%
12 Month28.05%
2 Year31.57%
3 Year-7.72%
5 Year69.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%4.61%
ATR Inc-27.3%
Range Today0.38
ADR(20)0.51
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield-0.3
10 Day High12.09
10 Day Low10.49
20 Day High12.16
20 Day Low10.43
52 Week High18.57
52 Week Low9.1
CS1 End10.69
CR1 StartN/A
Volume & EV
DER(3)-4.59%
DER(5)0.97%
Volume34.50K
Volume Incr-5.54%
Vol(5)50.40K
Vol(50)41.42K