SYNTEC OPTICS HOLDINGS INC (OPTX) Stock Technical Analysis
NASDAQ:OPTX - Nasdaq - US87169M1053 - Common Stock
We assign a technical rating of 3 out of 10 to OPTX. OPTX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, OPTX is a bad performer in the overall market: 87% of all stocks are doing better.
OPTX is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 77% are performing better than OPTX.
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 1.76 - 4.51 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 3665180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
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
1.76
3.50
3 important resistance areas can be observed.
- A resistance zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.15 from a trend line in the weekly time frame.
- Resistance @3.47 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
CRS13.92
Mansfield-3.96
10 Day High3.39
10 Day Low1.76
20 Day High4.51
20 Day Low1.76
52 Week High8.39
52 Week Low0.85
Performance
1 Week-14.42%
2 Weeks-42.39%
1 Month-29.92%
3 Month15.58%
6 Month7.88%
12 Month-52.66%
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)-0.17
RSI(14)43.67
LBB1.55
UBB3.37
SYNTEC OPTICS HOLDINGS INC
NASDAQ:OPTX (1/21/2025, 8:18:47 PM)
After market: 1.869 +0.09 (+5%)1.78
-0.14 (-7.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-7.29%
1 Week-14.42%
2 Weeks-42.39%
1 Month-29.92%
3 Month15.58%
6 Month7.88%
12 Month-52.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%38.42%
ATR Inc-55.39%
Range Today0.23
ADR(20)0.67
ADR(20)%37.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.92
Mansfield-3.96
10 Day High3.39
10 Day Low1.76
20 Day High4.51
20 Day Low1.76
52 Week High8.39
52 Week Low0.85
CS1 EndN/A
CR1 Start1.79
Volume & EV
DER(3)-8.2%
DER(5)-7.07%
Volume183.90K
Volume Incr-97.07%
Vol(5)249.32K
Vol(50)3.67M