Opthea: Percentage Volume Oscillator (25.54)
[BULLISH CROSSOVER]: Opthea currently has positive PVO 25.54%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.
Opthea
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Tricklar trend of Opthea remains as an Downtrend
[BEARISH]: Opthea has a Tricklar downtrend confirmation. This was confirmed through a price breakout on the May 20 2019.
Opthea: 0.618 Fibonacci Fan ($0.69)
Opthea: The current Fibonacci Fan levels are: (23.61%) $0.67: (38.2%) $0.68: (50%) $0.69: (61.8%) $0.69The current support levels are: (78.6%) $0.71: (100%) $0.72: (138.2%) $0.75: (161.8%) $0.76: (261.8%) $0.83: (423.61%) $0.95
OPT.AX: Bullish relationship forming between price & volume
[BULLISH]: Opthea current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.14. Opthea (ASX:OPT) received a confirmed CMF crossover days on the May 17 2019. The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.82 occurring on the May 17 2019.
Daily bar has confirmed has confirmed an Aroon downtrend is intact for OPT
[BEARISH]: Opthea has a current ARU(25) of 92 and a current ARD(25) of 100
Opthea: 1.618 Fibonacci Extension ($0.76)
Opthea: The current Fibonacci Extension levels are: (23.61%) $0.67: (38.2%) $0.68: (50%) $0.69: (61.8%) $0.69The current support levels are: (78.6%) $0.71: (100%) $0.72: (138.2%) $0.75: (161.8%) $0.76: (261.8%) $0.83: (423.61%) $0.95
Opthea: Detrended Price Oscillator(20) (-0.0354)
[BEARISH]: Opthea currently has a confirmed downtrend. Price is currently below the displaced moving average for OPT. Currently, the return on DPO20 is 0.0%.
OPT: Price continues to move below the WMA(15) @$0.689
[BEARISH]: Opthea currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.0%.
Tricklar blog
Negative ROC: Price is trading lower for Opthea than 14 days ago
[BEARISH]: Opthea currently has negative rate of change of -5.308%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction
Overbought signal for the Upper Bollinger Band is still current for Opthea
Accumulation still active for Opthea
OPT: ADLINE Current Signal -> (1) 22 May: BULLISH (2) 21 May: BULLISH (3) 20 May: BULLISH
Trading session closed lower on high volume for Opthea [Bearish]
[BEARISH]: Opthea current price have moved downwards on high volume. Currently, the Ease of Movement is -0.025
OPT: MACD Current Signal -> (1) 22 May: BEARISH CROSSOVER (2) 21 May: BULLISH (3) 20 May: BULLISH
Recent trading highlights continued buying pressure is present for OPT
OPT: Elders Force Index Current Signal -> (1) 22 May: BULLISH (2) 21 May: BULLISH (3) 20 May: BULLISH
Donchian Overbought signal continues for Opthea indicating downward price movement is likely
[BEARISH]: Opthea is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
Continuation of the oversold CCI signal for Opthea
[BULLISH]: Opthea (ASX:OPT) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -211. The bullish signal has been active for 2 days. During the quarter, the lowest CCI value was -225.
[Low Stress]: Low drawdown associated with recent trading of OPT
[BEARISH]: Opthea UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.888.
William %R Oversold signal is still current for Opthea [Bullish]
[BEARISH]: Opthea is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
Positive VROC for OPT is a leading indicator for continued price rise
OPT: VROC Current Signal -> (1) 22 May: BULLISH (2) 21 May: BULLISH (3) 20 May: BEARISH CROSSOVER
Opthea is in a short term downtrend with the closing price @$0.66
OPT: TMA Current Signal -> (1) 22 May: BEARISH (2) 21 May: BEARISH CROSSOVER (3) 20 May: BULLISH
The Volume MACD for OPT is gaining momentum through a rise on the short term EMA
[BULLISH]: Opthea currently has positive Volume MACD of 71352. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
Sine Weighted Moving Average(15) signal continues for Opthea indicating downward price movement is likely
[BEARISH]: Opthea currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.0%.
OPT.AX: Current trading activity signals OBV accumulation is active
[BULLISH]: Opthea current price has highlighted recent accumulation. Currently, the OBV is 17494.5.
Overbought signal for the Stochastic Oscillator is still current for Opthea
[BEARISH]: Opthea is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
[Downtrend]: Recent trading for OPT indicates ST trend is likely to continue
[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 0.0%.
14-day momentum is decreasing for Opthea
OPT: MOM Current Signal -> (1) 22 May: BEARISH (2) 21 May: BEARISH CROSSOVER (3) 20 May: BULLISH
Opthea: Current trading activity signals DVI accumulation is present
[BULLISH]: Opthea (ASX:OPT) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 320.
Opthea: 0.618 Fibonacci Retraction (0.69)
Opthea: The current Fibonacci Retraction levels are: (23.61%) $0.67: (38.2%) $0.68: (50%) $0.69: (61.8%) $0.69The current support levels are: (78.6%) $0.71: (100%) $0.72: (138.2%) $0.75: (161.8%) $0.76: (261.8%) $0.83: (423.61%) $0.95
Opthea is no longer oversold with the Lower Envelope Band @$0.6555
[Close Short]: Opthea current trading has closed out Envelope Bands to oversold status and signalled the initiation of long trading conditions. Currently, the Lower Band is 0.6555.