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Opera Limited

OPRA Technical Analysis Summary (NASDAQ)

Analyze OPRA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OPRANASDAQ
Communication ServicesInternet Content & Information
$19.91
$0.40(2.05%)
U.S. Market is Open · 15:11

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OPRA Technical Analysis Summary (NASDAQ)

Opera Limited (NASDAQ: OPRA) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 62.21)
Trend Strength:Weak (ADX: 15.21)
Volatility:Medium (ATR: 0.74)
Support/Resistance:$18.09 – $20.47 (Bollinger Bands)

Technical conditions suggest Opera Limited on the NASDAQ is awaiting a decisive move. Overall, Opera Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.37

Bullish
Buying momentum building without extremes.

Williams %R: -4.03

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.83

Bullish
Steady upward momentum.

Takeaway:Opera Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.21

Weak
Weak trend, market trading sideways.

ATR (14): 0.74

Low
Low volatility, stable price action.

CCI (14): 140.35

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Opera Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.47
Middle Band (SMA 20)
$19.28
Lower Band
$18.09
Current Position
Within Bands

Takeaway:Opera Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$20.71
Middle Line (EMA 20)
$19.24
Lower Channel
$17.77
Squeeze Status
Squeeze On

Takeaway:Opera Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-759.17K
Money Flow Index45.55Neutral, balanced money flows with no clear signal.
Relative Vigor Index65.35Bullish, price momentum strongly favors buyers.

Overall Takeaway:OPRA shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Opera Limited (NASDAQ: OPRA), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Opera Limited are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: OPRA) Technical Analysis FAQ