Option Care Health Stock Technical Analysis
| OPCH Stock | USD 23.80 0.04 0.17% |
As of the 29th of November, Option Care holds the Variance of 11.72, risk adjusted performance of (0.07), and Coefficient Of Variation of (991.64). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Option Care, as well as the relationship between them.
Option Care Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Option, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OptionOption |
Option Care Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 41.43 | Buy | 9 | Odds |
Most Option analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Option stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Option Care Health, talking to its executives and customers, or listening to Option conference calls.
Option Care technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Option Care Health Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Option Care Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Option Care Health Trend Analysis
Use this graph to draw trend lines for Option Care Health. You can use it to identify possible trend reversals for Option Care as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Option Care price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Option Care Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Option Care Health applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that Option Care Health market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1452.35, which is the sum of squared deviations for the predicted Option Care price change compared to its average price change.About Option Care Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Option Care Health on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Option Care Health based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Option Care Health price pattern first instead of the macroeconomic environment surrounding Option Care Health. By analyzing Option Care's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Option Care's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Option Care specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 7.72E-4 | 6.86E-4 | Price To Sales Ratio | 1.4 | 1.47 |
Option Care November 29, 2024 Technical Indicators
Most technical analysis of Option help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Option from various momentum indicators to cycle indicators. When you analyze Option charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.8 | |||
| Coefficient Of Variation | (991.64) | |||
| Standard Deviation | 3.42 | |||
| Variance | 11.72 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 26.2 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 2.91 | |||
| Skewness | (4.40) | |||
| Kurtosis | 28.56 |
Option Care November 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Option stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 10,895 | ||
| Daily Balance Of Power | 0.12 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 23.84 | ||
| Day Typical Price | 23.82 | ||
| Price Action Indicator | (0.02) |
Complementary Tools for Option Stock analysis
When running Option Care's price analysis, check to measure Option Care's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Option Care is operating at the current time. Most of Option Care's value examination focuses on studying past and present price action to predict the probability of Option Care's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Option Care's price. Additionally, you may evaluate how the addition of Option Care to your portfolios can decrease your overall portfolio volatility.
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