SYNTEC OPTICS HOLDINGS INC (OPTX) Stock Technical Analysis
NASDAQ:OPTX - Nasdaq - US87169M1053 - Common Stock - Currency: USD
Overall OPTX gets a technical rating of 2 out of 10. OPTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
OPTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month OPTX has a been trading in the 1.51 - 2.40 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.
OPTX has an average volume of 3679290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OPTX turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
OPTX is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 56% of 124 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
The technical rating of OPTX 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.
More info and screens
1.55
2.90
When analyzing the support we notice one important area.
- A support zone ranging from 1.57 to 1.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @2.87 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.74
Mansfield-3.91
10 Day High1.98
10 Day Low1.51
20 Day High2.4
20 Day Low1.51
52 Week High8.39
52 Week Low0.85
Performance
1 Week-7.51%
2 Weeks-17.1%
1 Month-25.58%
3 Month82.75%
6 Month5.61%
12 Month-69.23%
2 YearN/A
3 YearN/A
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)-0.03
RSI(14)39.09
LBB1.51
UBB2.08
1.6
+0.02 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.27%
1 Week-7.51%
2 Weeks-17.1%
1 Month-25.58%
3 Month82.75%
6 Month5.61%
12 Month-69.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%10.73%
ATR Inc-16.54%
Range Today0.08
ADR(20)0.17
ADR(20)%10.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.74
Mansfield-3.91
10 Day High1.98
10 Day Low1.51
20 Day High2.4
20 Day Low1.51
52 Week High8.39
52 Week Low0.85
CS1 End1.59
CR1 Start2.87
Volume & EV
DER(3)-14.73%
DER(5)-8.68%
Volume84.90K
Volume Incr-53.74%
Vol(5)74.04K
Vol(50)3.68M