SYNTEC OPTICS HOLDINGS INC (OPTX) Stock Technical Analysis
NASDAQ:OPTX - Nasdaq - US87169M1053 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to OPTX. In the past year, OPTX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than OPTX.
OPTX is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 80% are performing better than OPTX.
OPTX is currently trading near the lower end of its 52 week range, which is not a good sign. OPTX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month OPTX has a been trading in the 1.02 - 1.72 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.05
2.26
We found 1 important support area.
- Support @1.06 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.61 from a horizontal line in the daily time frame.
- Resistance @2.24 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
CRS9.96
Mansfield-1.34
10 Day High1.72
10 Day Low1.04
20 Day High1.72
20 Day Low1.02
52 Week High8.39
52 Week Low0.85
Performance
1 Week25%
2 Weeks44.86%
1 Month4.73%
3 Month-26.19%
6 Month0.65%
12 Month-58.33%
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)0.06
RSI(14)59.97
LBB0.91
UBB1.63
1.55
-0.05 (-3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.12%
1 Week25%
2 Weeks44.86%
1 Month4.73%
3 Month-26.19%
6 Month0.65%
12 Month-58.33%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%10.92%
ATR Inc9.67%
Range Today0.13
ADR(20)0.16
ADR(20)%10.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.96
Mansfield-1.34
10 Day High1.72
10 Day Low1.04
20 Day High1.72
20 Day Low1.02
52 Week High8.39
52 Week Low0.85
CS1 End1.06
CR1 Start1.61
Volume & EV
DER(3)-8.94%
DER(5)4.04%
Volume59.40K
Volume Incr167.84%
Vol(5)266.50K
Vol(50)128.18K