Logo image of OPGN

OPGEN INC (OPGN) Stock Technical Analysis

NASDAQ:OPGN - Nasdaq - US68373L5057 - Common Stock - Currency: USD

1.96  -0.34 (-14.78%)

After market: 1.85 -0.11 (-5.61%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OPGN. OPGN 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 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.
When comparing the yearly performance of all stocks, OPGN is a bad performer in the overall market: 80% of all stocks are doing better.
OPGN 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 OPGN has a been trading in the 1.87 - 3.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: OPGN has an average volume of 19040 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
OPGN is an average performer in the Biotechnology industry, it outperforms 61% of 572 stocks in the same industry.
Weekly and Daily overview Charts
OPGEN INC / OPGN Weekly stock chart
OPGEN INC / OPGN Daily stock chart
Setup Rating and Analysis

2

The technical rating of OPGN is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

1.94

2.94

We found 1 important resistance area.

  • Resistance @2.91 from a trend line in the daily 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
CRS20.09
Mansfield-5.89
10 Day High2.93
10 Day Low1.87
20 Day High3.1
20 Day Low1.87
52 Week High38.4
52 Week Low1.65
Performance
1 Week-9.05%
2 Weeks-24.03%
1 Month-34.88%
3 Month-40.61%
6 Month-53.77%
12 Month14.62%
2 Year-97.9%
3 Year-99.69%
5 Year-99.87%
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)-0.04
RSI(14)26.82
LBB1.77
UBB3
OPGEN INC / OPGN Daily stock chart

OPGEN INC

NASDAQ:OPGN (8/19/2024, 8:13:00 PM)

After market: 1.85 -0.11 (-5.61%)

1.96

-0.34 (-14.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-14.78%
1 Week-9.05%
2 Weeks-24.03%
1 Month-34.88%
3 Month-40.61%
6 Month-53.77%
12 Month14.62%
2 Year-97.9%
3 Year-99.69%
5 Year-99.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%11.1%
ATR Inc198.3%
Range Today1.06
ADR(20)0.2
ADR(20)%10.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.09
Mansfield-5.89
10 Day High2.93
10 Day Low1.87
20 Day High3.1
20 Day Low1.87
52 Week High38.4
52 Week Low1.65
CS1 EndN/A
CR1 Start2.91
Volume & EV
DER(3)-6.28%
DER(5)-5.05%
Volume328.90K
Volume Incr754.87%
Vol(5)75.10K
Vol(50)19.04K