OPTHEA LTD-SPON ADR (OPT) Stock Technical Analysis
NASDAQ:OPT - Nasdaq - US68386J2087 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to OPT. In the last year, OPT 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!
When comparing the yearly performance of all stocks, we notice that OPT is one of the better performing stocks in the market, outperforming 95% of all stocks.
OPT is part of the Biotechnology industry. There are 571 other stocks in this industry. OPT outperforms 94% of them.
OPT 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 OPT is performing more or less in line with the market.
In the last month OPT has a been trading in the 4.28 - 6.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
OPT has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
3.31
5.16
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.46 to 4.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.71 from a trend line in the daily time frame.
- Support @3.34 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield3.82
10 Day High5.54
10 Day Low4.28
20 Day High6.3
20 Day Low4.28
52 Week High6.3
52 Week Low1.79
Performance
1 Week4.29%
2 Weeks-1.92%
1 Month-8.09%
3 Month37.74%
6 Month76.82%
12 Month45.17%
2 Year29.37%
3 Year-21.63%
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)-0.09
RSI(14)55.61
LBB4.45
UBB5.43
5.11
+0.63 (+14.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg14.06%
1 Week4.29%
2 Weeks-1.92%
1 Month-8.09%
3 Month37.74%
6 Month76.82%
12 Month45.17%
2 Year29.37%
3 Year-21.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%8.12%
ATR Inc124.89%
Range Today1.08
ADR(20)0.38
ADR(20)%7.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.18
Mansfield3.82
10 Day High5.54
10 Day Low4.28
20 Day High6.3
20 Day Low4.28
52 Week High6.3
52 Week Low1.79
CS1 End4.47
CR1 StartN/A
Volume & EV
DER(3)-1.96%
DER(5)-3.19%
Volume120.80K
Volume Incr31.71%
Vol(5)45.36K
Vol(50)30.87K