Technical Analysis for OPT - Opthea Limited

Grade Last Price % Change Price Change
D 3.17 -3.35% -0.11
OPT closed up 0.61 percent on Wednesday, November 20, 2024, on 57 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction -3.35%
Wide Bands Range Expansion -3.35%
Oversold Stochastic Weakness -3.35%
200 DMA Support Bullish -2.76%
Lower Bollinger Band Walk Weakness -2.76%
Wide Bands Range Expansion -2.76%
Gapped Up Strength -2.76%
Oversold Stochastic Weakness -2.76%
New Downtrend Bearish -2.76%
Crossed Above 200 DMA Bullish -2.76%

   Recent Intraday Alerts

Alert Time
Down 5% about 1 hour ago
Down 3% about 1 hour ago
Lower Bollinger Band Support about 1 hour ago
Down 2 % about 1 hour ago
60 Minute Opening Range Breakdown about 2 hours ago

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Profile

Opthea Limited operates as a biotechnology company. The Company develops therapies for diabetic macular edema, corneal neovascularization and transplantation, and dry eye disease. Opthea serves patients and healthcare providers in Australia.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biotechnology Organ Systems Diabetes Eye Healthcare Providers Ophthalmology Transplantation Eye Diseases Diabetic Retinopathy Macular Edema Diabetic Macular Edema Blindness Cornea Dry Eye Disease Angiology

Is OPT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 5.45
52 Week Low 1.79
Average Volume 34,833
200-Day Moving Average 3.25
50-Day Moving Average 4.18
20-Day Moving Average 3.99
10-Day Moving Average 3.66
Average True Range 0.24
RSI (14) 29.08
ADX 26.7
+DI 16.53
-DI 34.86
Chandelier Exit (Long, 3 ATRs) 4.11
Chandelier Exit (Short, 3 ATRs) 3.87
Upper Bollinger Bands 4.86
Lower Bollinger Band 3.11
Percent B (%b) 0.1
BandWidth 43.93
MACD Line -0.28
MACD Signal Line -0.16
MACD Histogram -0.1203
Fundamentals Value
Market Cap 271.75 Million
Num Shares 82.9 Million
EPS -2.43
Price-to-Earnings (P/E) Ratio -1.35
Price-to-Sales 623.65
Price-to-Book 4.31
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.45
Resistance 3 (R3) 3.46 3.41 3.42
Resistance 2 (R2) 3.41 3.37 3.41 3.41
Resistance 1 (R1) 3.35 3.35 3.33 3.34 3.40
Pivot Point 3.30 3.30 3.29 3.30 3.30
Support 1 (S1) 3.24 3.26 3.21 3.22 3.16
Support 2 (S2) 3.19 3.24 3.19 3.15
Support 3 (S3) 3.13 3.19 3.14
Support 4 (S4) 3.11