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OLD POINT FINANCIAL CORP (OPOF) Stock Technical Analysis

NASDAQ:OPOF - Nasdaq - US6801941070 - Common Stock - Currency: USD

37.76  -0.22 (-0.58%)

Technical Rating and Analysis

10

Overall OPOF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OPOF is showing a nice and steady performance.

Warning: OPOF has an average volume of 20610 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that OPOF is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, OPOF also shows a nice and consistent pattern of rising prices.
OPOF is part of the Banks industry. There are 398 other stocks in this industry. OPOF outperforms 100% of them.
OPOF is currently trading near its 52 week high, which is a good sign. Certainly because the S&P500 Index is currently trading in the lower part of its 52 week range.
In the last month OPOF has a been trading in the 29.75 - 38.90 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
OLD POINT FINANCIAL CORP / OPOF Weekly stock chart
OLD POINT FINANCIAL CORP / OPOF Daily stock chart
Setup Rating and Analysis

7

OPOF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

28.18

38.37

3 important support areas can be observed.

  • Support @35.99 from a horizontal line in the daily time frame.
  • Support @29.60 from a trend line in the daily time frame.
  • Support @28.46 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 37.99 to 37.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS98.89
Mansfield8.69
10 Day High38.9
10 Day Low35.11
20 Day High38.9
20 Day Low29.75
52 Week High38.9
52 Week Low13.49
Performance
1 Week2.75%
2 Weeks3.57%
1 Month26.29%
3 Month54.25%
6 Month85.74%
12 Month159.52%
2 Year71.64%
3 Year45.29%
5 Year133.81%
10 Year150.07%
15 Year160.23%
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)0.22
RSI(14)74.71
LBB30.92
UBB41.24
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.

ENTRYEXITDISTANCECAPITAL
38.9135.982.93 (7.53%)13.28%
An entry @38.91. This is a Buy Stop order right above the 10 day high.An exit @35.98. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.93 points, which is 7.53%.When investing 13.28% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
OLD POINT FINANCIAL CORP / OPOF Daily stock chart

OLD POINT FINANCIAL CORP

NASDAQ:OPOF (4/21/2025, 4:05:13 PM)

37.76

-0.22 (-0.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.58%
1 Week2.75%
2 Weeks3.57%
1 Month26.29%
3 Month54.25%
6 Month85.74%
12 Month159.52%
2 Year71.64%
3 Year45.29%
5 Year133.81%
10 Year150.07%
15 Year160.23%
Volatility
ATR(14)1.74
ATR(20)%3.43%
ATR Inc-29.97%
Range Today0.93
ADR(20)0.97
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.89
Mansfield8.69
10 Day High38.9
10 Day Low35.11
20 Day High38.9
20 Day Low29.75
52 Week High38.9
52 Week Low13.49
CS1 End35.99
CR1 StartN/A
Volume & EV
DER(3)-5.44%
DER(5)-2.68%
Volume5.24K
Volume Incr-54.53%
Vol(5)16.41K
Vol(50)20.61K