Technical analysis from Ophir Energy (OPHR.L, LON:OPHR) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Ophir Energy
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[Bearish]: SWMA(5) is serving as a resistance line for Ophir Energy
Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Ophir Energy

[BEARISH]: Ophir Energy currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -3.1%.

Recent trading signals Ophir Energy is being distributed
Daily Volume Index /
Recent trading signals Ophir Energy is being distributed

[BEARISH]: Ophir Energy current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -13706.

Volume /
Volume for OPHR has not surpassed the volume of the previous trading session

OPHR: VOLUME Current Signal -> (1) 24 May: BEARISH (2) 23 May: BEARISH (3) 22 May: BEARISH

Triangular Moving Average /
Ophir Energy is in a short term downtrend with the resistance price @$64.896

[BEARISH]: Ophir Energy currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -3.1%.

Close Tod Vs Range Tod /
Currently this quarter, closing price for OPHR has spent 17 days in the lower price range

[BEARISH]: Ophir Energy sellers in control. This is the first day of seller commitment for Ophir Energy adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 111 trading days with the closing price in the lower part of the range giving a confirmation ratio of 42.2%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 43.8%. Currently this quarter, closing price has spent 17 days in the lower price range compared to 6 days in the upper range giving a ratio of 2.8x.

Demarks Pivot Points /
Ophir Energy has broken the first DeMark support point ($64.3) [Bearish]

Ophir Energy has broken the first DeMark support point ($64.3) [Bearish]. Look for a short limit order entry near this point. Exit price for OPHR should be set @$61.1000 & short position stoploss for Ophir Energy should be set at $65.5

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Ulcer Index /
Ophir Energy: Ulcer Index 2.43 [Low Stress]

[BEARISH]: Ophir Energy UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.43.

Average True Range /
Average True Range for Ophir Energy has signalled an uptrend is active

[Bullish]: Average True Range has confirmed an uptrend is present. Ophir Energy has a TR of 4.4, and an ATR(14) of 2.979.

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Envelope bands Oversold signal is still current for Ophir Energy [Bullish]
Moving Average Envelope /
Envelope bands Oversold signal is still current for Ophir Energy [Bullish]

[BULLISH]: Ophir Energy current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 58.5105.

Price moved on low volume to close lower for the day for OPHR [Easily Moved]
Ease of Movement /
Price moved on low volume to close lower for the day for OPHR [Easily Moved]

OPHR: EOM Current Signal -> (1) 24 May: BEARISH EASY (2) 23 May: BEARISH EASY (3) 22 May: BULLISH EASY

Commodity Channel Index /
Overbought levels have appreciated for Ophir Energy back to normal CCI levels

[NEUTRAL]: Ophir Energy current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 67. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 204.

Price Range /
Recent trading for OPHR has beaten the previous trading range ($4.4) [Uptrend]

[BULLISH]: Ophir Energy current uptrend in the first timeframe. Currently, the Range is $4.4.

Low Price /
Ophir Energy: Daily low price is $63.1 [Lower low]

[BULLISH]: Ophir Energy current downtrend in the first timeframe. Currently, the Low is $63.1 (-2.6 %).

Volume rate of change continues to build for Ophir Energy signalling a short term downtrend is likely
Volume Rate of Change /
Volume rate of change continues to build for Ophir Energy signalling a short term downtrend is likely

[BEARISH]: Ophir Energy currently has negative rate of change of -58%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -3.1%.

Stoploss for Ophir Energy should be set at $60
Woodie Pivot Point /
Stoploss for Ophir Energy should be set at $60

Ophir Energy has broken the first Woodie resistance point ($65.7) [Bullish]. Look for a long limit order entry near this point. Exit price for OPHR should be set @$68.8 & Stoploss for Ophir Energy should be set at $60

Open Tod Vs Close Tod /
Ophir Energy: Sellers were in control all day.

[BEARISH STRONG]: Ophir Energy opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 9.1%. This suggests the sellers were in control all day. Over the last 12 months there has been 70 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 26.6%. Over the last month there has been 2 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 12.5%.

On Balance Volume /
OPHR: Current trading activity signals OBV accumulation is active

[BULLISH]: Ophir Energy current price has highlighted recent accumulation. Currently, the OBV is 9.02647e+006.

Opening Price /
Ophir Energy: Daily opening price is $67.5

[BULLISH]: Ophir Energy opening price has gapped up. Currently, the OPEN is $67.5 (0.9 %).

PPO has positive momentum signalling a continuation of upward price rise for OPHR
Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for OPHR

[BULLISH]: Ophir Energy currently has positive PPO 3.218%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Ophir Energy: Rate of Change (14)
Rate of Change /
Ophir Energy: Rate of Change (14)

[BULLISH]: Ophir Energy currently has positive rate of change of 7.445%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Volume MACD oscillator is now negative for OPHR
MACD Volume /
Volume MACD oscillator is now negative for OPHR

[BEARISH CROSSOVER]: Ophir Energy currently has negative Volume MACD of -63355. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Long Black Candle /
OPHR Basic Candle: Long Black

[BEARISH]: Ophir Energy has formed a Long Black candlestick. This means, OPHR has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Fibonacci Extensions /
Ophir Energy: 1.618 Fibonacci Extension ($50.83)

Ophir Energy has moved below the 161.8% level ($762.48) [Bullish]. Look for a long limit order entry near this point. Exit price for OPHR should be set @$580.48 & Stoploss for Ophir Energy should be set at $944.48

Detrended Price Oscillator /
DPO for OPHR has confirmed price is currently above the displaced moving average

[BULLISH]: Ophir Energy currently has a confirmed uptrend. Price is currently above the displaced moving average for OPHR. Currently, the return on DPO20 is -3.1%.

Medium Trend /
OPHR: Medium term trend is still an Uptrend

[BULLISH]: Ophir Energy is in an uptrend in the medium term timeframe. & the highest rally count for the LTM is 43. The highest rally for the month is 16

[Bullish]: Elder Ray Index is 3.637 indicating bull power
Elder Ray Index /
[Bullish]: Elder Ray Index is 3.637 indicating bull power

[BULLISH]: Ophir Energy Elder Ray Index is signalling a Bullish movementERI is 3.637 indicating bull power. Prices are being driven above the consensus of value for OPHR during the last trading session [Buying Pressure]

CMF has negative divergence between price and volume
Chaikin Money Flow /
CMF has negative divergence between price and volume

OPHR: Chaikin Oscillator Current Signal -> (1) 24 May: BEARISH (2) 23 May: BEARISH (3) 22 May: BEARISH

High Price /
Ophir Energy has reached a new high of $67.5 (0.9 %)

OPHR: HIGH Current Signal -> (1) 24 May: BULLISH (2) 23 May: BEARISH (3) 22 May: BULLISH

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