![The WMA trend following signal is still current for Opthea [Bullish]](http://tricklar.com/ArticleImages/ASX/OPT/OPT_92.png
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[BULLISH]: Opthea currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 2.6%.
![The TMA trend following signal is still current for Opthea [Bearish]](http://tricklar.com/ArticleImages/ASX/OPT/OPT_49.png
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[BEARISH]: Opthea currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 2.6%.
Opthea current pivot point Camarilla is: $1.802. The current resistance levels are: (R1) $1.955: (R2) $2.105: (R3) $2.256: (R4) $2.706The current support levels are: (S1) $1.655: (S2) $1.505: (S3) $1.355: (S4) $0.904
[Trend]: ADX for OPT has confirmed a strong trend is present. Opthea has an ATR(14) of 0.287, a DX of 13.34 & an ADX(14) of 26.5
[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%.
[BEARISH]: Opthea currently has negative rate of change of -10%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 2.6%.
Opthea current pivot point (DeMark) is: (R1) $1.848. The current pivot point (DeMark) is: (S1) $1.668.
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![[Bull Power]: Prices are being driven above the consensus of value for OPT during the last trading session](http://tricklar.com/ArticleImages/ASX/OPT/OPT_55.png
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[BULLISH]: Opthea Elder Ray Index is signalling a Bullish movementERI is 0.04 indicating bull power. Prices are being driven above the consensus of value for OPT during the last trading session [Buying Pressure]
[BEARISH]: Opthea (ASX:OPT) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -25302.
[BEARISH]: Opthea is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
OPT: EOM Recent Trading -> (1) 27 Mar: 1.347 (2) 26 Mar: 1.084 (3) 25 Mar: 1.772
Opthea: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for OPT
[REVERSAL]: Opthea has formed a new High Wave Line reversal pattern.
[BEARISH]: Opthea has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.
[BEARISH]: Opthea current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.25. Opthea (ASX:OPT) received a confirmed CMF crossover days on the Mar 9 2020. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.37 occurring on the Mar 9 2020.
[BULLISH]: Opthea currently has positive PVO 10.22%. The recent volume is gaining momentum through a rise on the short term exponential moving average.
[BULLISH CROSSOVER]: Opthea currently has positive MACD of 0.0118. This means the signal line is greater than the MACD line signalling a bullish movement.
[BEARISH]: Opthea has formed a new bearish Dark Cloud Cover reversal pattern. This means, OPT has been in a short term uptrend with a white candle which is followed by a strong gap up on open but closes in the lower half of the previous candle. This indicates after a very strong open the bears have taken control on the close and highlights a potential trend change in the downward direction.
[BEARISH]: Opthea current price has highlighted recent selling pressure. Currently, the Elders Force Index is -95697.
[BULLISH]: Opthea is in an uptrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 3
OPT: Recent performance signals ->(1) 27 Mar: BULLISH (2) 26 Mar: BULLISH (3) 25 Mar: BULLISH
OPT: Range today versus range yesterday Current Signal ->(1) 27 Mar: BULLISH (2) 26 Mar: BULLISH (3) 25 Mar: BEARISH
Opthea: The current Fibonacci Extension levels are: (23.61%) $1.67: (38.2%) $1.98: (50%) $2.24: (61.8%) $2.49The current support levels are: (78.6%) $2.85: (100%) $3.31: (138.2%) $4.13: (161.8%) $4.64: (261.8%) $6.78: (423.61%) $10.25
OPT: Aroon Oscillator Current Signal -> (1) 27 Mar: BEARISH STRONG (2) 26 Mar: BEARISH STRONG (3) 25 Mar: BEARISH STRONG
[BULLISH]: Opthea current price has highlighted recent accumulation. Currently, the OBV is 204686.
[BEARISH]: Opthea currently has negative Volume MACD of -59007. This means the signal line is less than the Volume MACD line signalling a bearish movement.
![The SWMA trend following signal is still current for Opthea [Bearish]](http://tricklar.com/ArticleImages/ASX/OPT/OPT_100.png
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[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 2.6%.
