OPT | Australian Securities Exchange

Opthea
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Market conditions are indicating OBV distribution is current for OPT.AX
On Balance Volume /
Market conditions are indicating OBV distribution is current for OPT.AX

OPT: OBV Recent Trading ->(1) 19 Feb: -7258 (2) 18 Feb: -14161.9 (3) 15 Feb: -2823.8

Selling pressure for OPT highlights ability of sellers to drive the price downwards
Elder Ray Index /
Selling pressure for OPT highlights ability of sellers to drive the price downwards

[BEARISH]: Opthea Elder Ray Index is signalling a Bearish movementERI is -0.041 indicating bear power. Prices are being driven below the consensus of value for OPT during the last trading session [Selling Pressure]

Elders Force Index /
Opthea: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Opthea current price has highlighted recent selling pressure. Currently, the Elders Force Index is -355.

Camarilla Pivot Points /
Opthea: Camarilla Pivot ($0.718)

Opthea has broken the first Camarilla resistance point ($0.84) [Bullish]. Look for a long limit order entry near this point. Exit price for OPT should be set @$0.84 & Stoploss for Opthea should be set between $0.6 & $0.541

Pivot Points /
Pivot point for OPT is bullish. Stoploss should be positioned @$0.693

Opthea has broken the first resistance point ($0.743) [Bullish]. Look for a long limit order entry near this point. Exit price for OPT should be set @$0.743 & Stoploss for Opthea should be set between $0.693 & $0.681

Commodity Channel Index /
The CCI indicator for Opthea is still below the oversold limit

[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 -206. The bullish signal has been active for 2 days. During the quarter, the lowest CCI value was -317.

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MACD Volume /
Volume MACD oscillator remains negative for OPT

[BEARISH]: Opthea currently has negative Volume MACD of -23441. This means the signal line is less than the Volume MACD line signalling a bearish movement.

William %R oversold signal had been cancelled for Opthea
Williams %R /
William %R oversold signal had been cancelled for Opthea

OPT: William %R Current Signal -> (1) 19 Feb: BEARISH CROSSUNDER (2) 18 Feb: BULLISH (3) 15 Feb: BULLISH CROSSOVER

Selling pressure for OPT.AX continues - bearish signal
Chaikin Money Flow /
Selling pressure for OPT.AX continues - bearish signal

[BEARISH]: Opthea current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2. Opthea (ASX:OPT) received a confirmed CMF crossover days on the Jan 23 2019. The bearish signal has been active for 3 days. During the quarter, the lowest CMF value was -0.77 occurring on the Jan 23 2019.

Percentage Volume /
Opthea: Percentage Volume Oscillator @-5.3 [Bearish Crossover]

OPT: PVO Current Signal -> (1) 19 Feb: BEARISH CROSSOVER (2) 18 Feb: BULLISH (3) 15 Feb: BULLISH

Aroon Oscillator /
OPT: Aroon oscillator has confirmed an uptrend @40

OPT: Aroon Oscillator Recent Trading -> (1) 19 Feb: 40 (2) 18 Feb: 44 (3) 15 Feb: 44

Exponential Moving Average /
OPT: Price continues to move below the EMA(15) @$0.7452

[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 3.6%.

Opthea is in a short term downtrend with the resistance price @$0.752
Weighted Moving Average /
Opthea is in a short term downtrend with the resistance price @$0.752

OPT: WMA Recent Trading -> (1) 19 Feb: 0.7520 (2) 18 Feb: 0.7580 (3) 15 Feb: 0.7670

Close Tod Vs Close Yest /
Daily trading performance for OPT has initiated a short term uptrend

[BULLISH]: Optheabuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for OPT adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3.6 & the greatest daily positive change this year has been 6.7. The longest consecutive upswing rally over the last 12 months has been 4 days giving a total rally upward movement of 20%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 20%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.3x. Over the last month the average daily upward movement has been 3.600000%

Woodie Pivot Point /
[Long]: Exit price for OPT should be set @$0.744

Opthea has broken the first Woodie resistance point ($0.744) [Bullish]. Look for a long limit order entry near this point. Exit price for OPT should be set @$0.744 & Stoploss for Opthea should be set at $0.694

Opthea currently has positive PPO 2.393
Percentage Price /
Opthea currently has positive PPO 2.393

[BULLISH]: Opthea currently has positive PPO 2.393%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

[Bearish]: SWMA(15) is serving as a resistance line for Opthea
Sine Weighted Moving Average /
[Bearish]: SWMA(15) is serving as a resistance line for Opthea

[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 3.6%.

Opthea: 1.618 Fibonacci Extension ($0.86)
Fibonacci Extensions /
Opthea: 1.618 Fibonacci Extension ($0.86)

Opthea: The current Fibonacci Extension levels are: (23.61%) $0.71: (38.2%) $0.73: (50%) $0.74: (61.8%) $0.75The current support levels are: (78.6%) $0.77: (100%) $0.8: (138.2%) $0.84: (161.8%) $0.86: (261.8%) $0.96: (423.61%) $1.13

Volume Rate of Change /
Negative VROC confirmation for OPT is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Opthea currently has negative rate of change of -82%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 3.6%.

Money Flow Index /
The volume weighted RSI for OPT.AX remains oversold during last trading session

OPT: MFI Current Signal -> (1) 19 Feb: BEARISH (2) 18 Feb: BEARISH (3) 15 Feb: BEARISH

Fibonacci Fans /
Opthea: 0.618 Fibonacci Fan ($0.81)

Opthea: The current Fibonacci Fan levels are: (23.61%) $0.76: (38.2%) $0.79: (50%) $0.8: (61.8%) $0.81The current support levels are: (78.6%) $0.83: (100%) $0.86: (138.2%) $0.9: (161.8%) $0.93: (261.8%) $1.03: (423.61%) $1.22

Bollinger Bands /
Overbought signal for the Upper Bollinger Band is still current for Opthea

[BEARISH]: Opthea is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 7.46% with a current width of 12.4.

[Uptrend]: The Tricklar trendd has continued for OPT
Tricklar Trend /
[Uptrend]: The Tricklar trendd has continued for OPT

[BULLISH]: Opthea is in an uptrend based on the Tricklar trend. & the highest rally count for the LTM is 95. The highest rally for the month is 9

The SMA trend following signal is still current for Opthea [Bearish]
Simple Moving Average /
The SMA trend following signal is still current for Opthea [Bearish]

[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 3.6%.

Fibonacci Retracements /
Opthea: 0.618 Fibonacci Retraction (0.75)

Opthea: The current Fibonacci Retraction levels are: (23.61%) $0.71: (38.2%) $0.73: (50%) $0.74: (61.8%) $0.75The current support levels are: (78.6%) $0.77: (100%) $0.8: (138.2%) $0.84: (161.8%) $0.86: (261.8%) $0.96: (423.61%) $1.13

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