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Optimum Communications, Inc.

OPTU Technical Analysis Summary (NYSE)

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

OPTUNYSE
Communication ServicesTelecommunications Services
$1.05
$0.01(0.96%)
U.S. Market is Open · 10:44

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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

OPTU Technical Analysis Summary (NYSE)

Optimum Communications, Inc. (NYSE: OPTU) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.41)
Trend Strength:Weak (ADX: 19.29)
Volatility:High (ATR: 0.09)
Support/Resistance:$0.75 – $1.11 (Bollinger Bands)

Technical conditions suggest Optimum Communications, Inc. on the NYSE is awaiting a decisive move. Overall, Optimum Communications, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.41

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.06

Bullish
Buying momentum building without extremes.

Williams %R: -19.04

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 19.01

Strongly Bullish
Strong upside momentum.

Takeaway:Optimum Communications, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.29

Weak
Weak trend, market trading sideways.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 88.67

Bullish
Bullish, momentum building upward.

Takeaway:Optimum Communications, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.11
Middle Band (SMA 20)
$0.93
Lower Band
$0.75
Current Position
Within Bands

Takeaway:Optimum Communications, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.14
Middle Line (EMA 20)
$0.95
Lower Channel
$0.77
Squeeze Status
Squeeze On

Takeaway:Optimum Communications, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-60.27M
Money Flow Index48.90Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.94Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Optimum Communications, Inc. (NYSE: OPTU), 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 Optimum Communications, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: OPTU) Technical Analysis FAQ