Logo image of OPTXW

OMNILIT ACQUISITION CL A -23 (OPTXW) Stock Technical Analysis

NASDAQ:OPTXW - Nasdaq - - Currency: USD

0.0899  +0.01 (+13.08%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to OPTXW. In the last year, OPTXW was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

OPTXW 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 OPTXW has a been trading in the 0.06 - 0.13 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, OPTXW did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OMNILIT ACQUISITION CL A -23 / OPTXW Weekly stock chart
OMNILIT ACQUISITION CL A -23 / OPTXW Daily stock chart
Setup Rating and Analysis

6

OPTXW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OPTXW in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.07

0.18

2 important support areas can be observed.

  • A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @0.13 from a trend line in the weekly time frame.
  • Resistance @0.18 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield-3.5
10 Day High0.1
10 Day Low0.06
20 Day High0.13
20 Day Low0.06
52 Week High0.31
52 Week Low0.03
Performance
1 Week1.02%
2 Weeks32.28%
1 Month-29.33%
3 Month99.25%
6 Month-33.75%
12 Month-16.75%
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
RSI(14)47.32
LBB0.06
UBB0.09
OMNILIT ACQUISITION CL A -23 / OPTXW Daily stock chart

OMNILIT ACQUISITION CL A -23

NASDAQ:OPTXW (2/21/2025, 11:51:50 AM)

0.0899

+0.01 (+13.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg13.08%
1 Week1.02%
2 Weeks32.28%
1 Month-29.33%
3 Month99.25%
6 Month-33.75%
12 Month-16.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%23.75%
ATR Inc90.58%
Range Today0.02
ADR(20)0.02
ADR(20)%17.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield-3.5
10 Day High0.1
10 Day Low0.06
20 Day High0.13
20 Day Low0.06
52 Week High0.31
52 Week Low0.03
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)23.95%
DER(5)14.37%
Volume55.46K
Volume Incr-79.97%
Vol(5)6.52K
Vol(50)107.86K