OPERA LTD-ADR (OPRA)
US68373M1071 - ADR
Taking everything into account, OPRA scores 9 out of 10 in our technical rating. In the last year, OPRA was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, OPRA did better than 92% of all other stocks. We also observe that the gains produced by OPRA over the past year are nicely spread over this period.
OPRA is one of the better performing stocks in the Software industry, it outperforms 76% of 280 stocks in the same industry.
OPRA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OPRA is performing more or less in line with the market.
In the last month OPRA has a been trading in the 17.83 - 20.60 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
OPRA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 18.87, a Stop Loss order could be placed below this zone.
More info and screens
12.27
20.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.60 to 18.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.39 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @19.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 20.19 to 20.22. 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
CRS92.12
Mansfield2.02
10 Day High20.6
10 Day Low17.83
20 Day High20.6
20 Day Low17.83
52 Week High20.7
52 Week Low10.11
Performance
1 Week-0.05%
2 Weeks-5.3%
1 Month-6.33%
3 Month28.45%
6 Month46.71%
12 Month57.57%
2 Year201.11%
3 Year168.27%
5 Year104.76%
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)-0.11
RSI(14)49.42
LBB18.29
UBB20.06
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.84 | 18.59 | 1.25 (6.30%) | 15.87% |
| An entry @19.84. This is a Buy Stop order right above the resistance zone. | An exit @18.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.25 points, which is 6.30%. | For a 1.00% total portfolio risk, you can invest 15.87% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OPRA. Please evaluate whether better entry and exit points can be found.
- 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.
OPERA LTD-ADR
NASDAQ:OPRA (1/2/2025, 1:46:50 PM)
18.885
-0.05 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.29%
1 Week-0.05%
2 Weeks-5.3%
1 Month-6.33%
3 Month28.45%
6 Month46.71%
12 Month57.57%
2 Year201.11%
3 Year168.27%
5 Year104.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%4.49%
ATR Inc-28.99%
Range Today0.8
ADR(20)0.83
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.12
Mansfield2.02
10 Day High20.6
10 Day Low17.83
20 Day High20.6
20 Day Low17.83
52 Week High20.7
52 Week Low10.11
CS1 End18.87
CR1 Start19.83
Volume & EV
DER(3)-5.81%
DER(5)-2.63%
Volume249.55K
Volume Incr-51.94%
Vol(5)269.46K
Vol(50)578.52K