OPT | Australian Securities Exchange

Opthea
+ Share

Opthea continues negative divergence & potential shift in direction
Chaikin Money Flow /
Opthea continues negative divergence & potential shift in direction

[BEARISH]: Opthea current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.14. Opthea (ASX:OPT) received a confirmed CMF crossover days on the Oct 11 2018. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.28 occurring on the Oct 11 2018.

Opthea is in a short term downtrend with the closing price @$0.6
Exponential Moving Average /
Opthea is in a short term downtrend with the closing price @$0.6

[BEARISH]: Opthea currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 2.6%.

Coles Reaction Day /
First timeframe trend of Opthea has signalled a rally day

Opthea: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for OPT

Elder Ray Index /
Daily trading has increased the bull power to drive prices for Opthea

[BULLISH]: Opthea Elder Ray Index is signalling a Bullish movementERI is 0.028 indicating bull power. Prices are being driven above the consensus of value for OPT during the last trading session [Buying Pressure]

MACD /
Negative momentum on the MACD histogram for OPT has been confirmed & supports a bearish move is likely

[BEARISH CROSSOVER]: Opthea currently has negative MACD of -0.0008. This means the signal line is less than the MACD line signalling a bearish movement.

Short Trend /
Opthea: Daily Uptrend has been confirmed

OPT: Daily Trend Current Signal -> (1) 12 Oct: BULLISH CONFIRM (2) 11 Oct: BEARISH (3) 10 Oct: OUTSIDE DAY CONFIRM

Top companies for
Australian Securities Exchange
See Trending
Company
Percentage Price /
Price percentage oscillator: Upward momentum is still present for Opthea

OPT: PPO Current Signal -> (1) 12 Oct: BULLISH (2) 11 Oct: BULLISH (3) 10 Oct: BULLISH

Opthea: Camarilla Pivot ($0.613)
Camarilla Pivot Points /
Opthea: Camarilla Pivot ($0.613)

Opthea current pivot point Camarilla is: $0.613. The current resistance levels are: (R1) $0.651: (R2) $0.702: (R3) $0.753: (R4) $0.907The current support levels are: (S1) $0.549: (S2) $0.498: (S3) $0.447: (S4) $0.294

Stochastic Oscillator /
Opthea is no longer overbought [Neutral]

OPT: Stochastic Oscillator Signal -> (1) 12 Oct: BEARISH CROSSUNDER (2) 11 Oct: BULLISH CROSSOVER (3) 10 Oct: NEUTRAL

Average Directional Movement /
Opthea: ADX(26.59) has signalled a strong trend is current

OPT: Average Directional Index Recent Trading -> (1) 12 Oct: 26.59 (2) 11 Oct: 27.34 (3) 10 Oct: 28.34

Close Tod Vs Range Tod /
Opthea: Sellers are in control at the market close.

OPT: Close versus price range Recent Trading ->(1) 12 Oct: 0.000000000000000% (2) 11 Oct: 0.000000000000000% (3) 10 Oct: 66.700000000000000%

Opthea: 2nd timeframe trend Uptrend remains intact
Medium Trend /
Opthea: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Opthea has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 11 2018.

[Bullish]: Elders Force Index (389) confirms buying pressure remains
Elders Force Index /
[Bullish]: Elders Force Index (389) confirms buying pressure remains

[BULLISH]: Opthea current price has highlighted recent buying pressure. Currently, the Elders Force Index is 389.

Daily Volume Index /
Market conditions are indicating DVI distribution is current for OPT.AX

[BEARISH]: Opthea (ASX:OPT) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -643.

Pivot Points /
Opthea: Pivot Point ($0.613)

Opthea current pivot point is: 0.613. The current resistance levels are: (R2) $0.653: (R2) $0.653: (R3) $0.666: The current support levels are: (S1) $0.586: (S2) $0.573: (S3) $0.546

Volume Rate of Change /
Volume rate of change(14) is increasing for Opthea

[BULLISH]: Opthea currently has positive volume of change of 352%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 2.6%.

Open/close reversal:  Buyers have lost control during the trading day for OPT
Open Tod Vs Close Tod /
Open/close reversal: Buyers have lost control during the trading day for OPT

[BEARISH]: Opthea opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 0%. This suggests the buyers have lost control. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 10%.

Aroon oscillator for Opthea has signalled an uptrend is active
Aroon Oscillator /
Aroon oscillator for Opthea has signalled an uptrend is active

[BULLISH]: Opthea has a current ARU(25) of 80 and a current ARD(25) of 56

Buyers are now keener than sellers for Opthea & are driving the price up.
Close Tod Vs Close Yest /
Buyers are now keener than sellers for Opthea & are driving the price up.

OPT: Recent performance signals ->(1) 12 Oct: BULLISH (2) 11 Oct: NEUTRAL (3) 10 Oct: BULLISH

Woodie Pivot Point /
Opthea: Woodie Pivot ($0.61)

Opthea current pivot point (Woodie) is: $0.61. The current resistance levels are: (R1) $0.62: (R2) $0.65The current support levels are: (S1) $0.58: (S2) $0.57

Demarks Pivot Points /
Opthea: DeMark Pivot ($0.61)

Opthea current pivot point (DeMark) is: (R1) $0.62. The current pivot point (DeMark) is: (S1) $0.58.

On Balance Volume /
Traders are currently accumulating Opthea

[BULLISH]: Opthea current price has highlighted recent accumulation. Currently, the OBV is 57321.3.

Fibonacci Retracements /
Opthea: 0.618 Fibonacci Retraction (0.52)

Opthea: The current Fibonacci Retraction levels are: (23.61%) $0.65: (38.2%) $0.55: (50%) $0.54: (61.8%) $0.52The current support levels are: (78.6%) $0.51: (100%) $0.49: (138.2%) $0.46: (161.8%) $0.43: (261.8%) $0.34: (423.61%) $0.2

Ulcer index has increased as the price has fallen for Opthea
Ulcer Index /
Ulcer index has increased as the price has fallen for Opthea

[BULLISH]: Opthea UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.869.

Distribution signal for Opthea is confirmed
Accumulation / Distribution /
Distribution signal for Opthea is confirmed

[BEARISH]: Opthea (ASX:OPT) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -32676.7.

Simple Moving Average /
[Bearish]: SMA(15) is serving as a resistance line for Opthea

[BEARISH]: Opthea currently has a confirmed downtrend. Recent trading has caused the SMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 2.6%.

See More   See more results
back to top