OPTINOSE INC (OPTN) Stock Technical Analysis
NASDAQ:OPTN - Nasdaq - US68404V2097 - Common Stock - Currency: USD
Overall OPTN gets a technical rating of 9 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, OPTN is showing a nice and steady performance.
OPTN 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.
The long and short term trends are both positive. This is looking good!
OPTN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 82% of 198 stocks in the same industry.
In the last month OPTN has a been trading in the 8.75 - 9.35 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, OPTN did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
OPTN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.13, a Stop Loss order could be placed below this zone.
More info and screens
5.03
9.29
4 important support areas can be observed.
- A support zone ranging from 8.99 to 9.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.55 from a trend line in the daily time frame.
- Support @5.29 from a horizontal line in the weekly time frame.
- Support @5.08 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.18 to 9.20. 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
CRS81.98
Mansfield-1.29
10 Day High9.28
10 Day Low8.75
20 Day High9.35
20 Day Low8.75
52 Week High20.02
52 Week Low4.82
Performance
1 Week1.33%
2 Weeks0.33%
1 Month0.22%
3 Month43.73%
6 Month-23.58%
12 Month-31.63%
2 Year-64.25%
3 Year-74.74%
5 Year-84.87%
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)-0.11
RSI(14)76.78
LBB9.01
UBB9.22
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 |
|---|---|---|---|
| 9.21 | 8.98 | 0.23 (2.50%) | 25.00% |
| An entry @9.21. This is a Buy Stop order right above the resistance zone. | An exit @8.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 2.50%. | For a 0.62% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NASDAQ:OPTN (4/17/2025, 8:00:02 PM)
9.17
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.11%
1 Week1.33%
2 Weeks0.33%
1 Month0.22%
3 Month43.73%
6 Month-23.58%
12 Month-31.63%
2 Year-64.25%
3 Year-74.74%
5 Year-84.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.38%
ATR Inc-0.57%
Range Today0.09
ADR(20)0.13
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.98
Mansfield-1.29
10 Day High9.28
10 Day Low8.75
20 Day High9.35
20 Day Low8.75
52 Week High20.02
52 Week Low4.82
CS1 End9.13
CR1 Start9.18
Volume & EV
DER(3)-0.4%
DER(5)-2.28%
Volume19.00K
Volume Incr-75.57%
Vol(5)58.54K
Vol(50)110.11K