Option Care Health, Inc. Common Stock | OPCH

Daily Technical Analysis of Option Care Health, Inc. Common Stock

Option Care Health is up a bit on the day, funds flowing in kept the price up 2.85% since yesterday.

Currently OPCH isn't at a clear support/resistance line that seems tradable. Option Care Health hasn't established a very strong momentum in either direction over the last 3 months. We'll see if a stronger consensus among market participants emerges. OPCH might find some support at the 30.98 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2024-11-13

Analyst Ratings for Option Care Health By Price Target And Rating

The analysts are pretty neutral on Option Care Health right now, so not much useful information here. The current Analysts Sentiment Score is 7.17. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-24 there was confirmation of the previous rating by Barrington Research which was Outperform and added a price target of $38.00. On 2024-03-04 Jefferies Financial Group increased their price target by 5.56% to $38.00. JPMorgan Chase & Co. provided a price target decease of -4.35% to $44.00 from $46.00 on 2023-10-18. Deutsche Bank Aktiengesel announced a lowering of their price target to $32.50 from $39.00 on 2023-05-05.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
OPCH	7.17	9.36	0	5.43	-0.45

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-24)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
OPCH	0.00	0.00

Short interest for Option Care Health

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
OPCH	1.54	%1.7	1.6	-7.854	3070000

Social Sentiment for Option Care Health

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
OPCH

Companies with the highest correlation to Option Care Health

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
NNOX \| NANO-X IMAGING LTD Ordina	0.64	3.25	11.97	5.82	-0.16	-25.09	-3.93	64	-9.09	-18.19	-13.14	-6534.54	-5936.46	0	10.9832
PGNY \| Progyny, Inc. Common Stoc	0.61	3.14	11.08	-2.46	-34.27	-42.11	-55.22	64	-104.14	-105.31	-139.05	-90726.45	-1225.00	0	6.54887
AXNX \| Axonics, Inc. Common Stoc	0.61	0.75	0.80	1.05	2.97	5.08	24.05	64	145.18	24.04	32.44	0.00	-127322.53	150	4.68419
GMED \| GLOBUS MEDICAL INC	0.57	-0.22	3.53	14.18	16.53	29.36	82.90	75	41.84	63.09	49.31	0.00	-40855.35	150	2.88563
TILE \| Interface Inc	0.57	0.99	1.76	40.74	34.85	64.79	152.83	90	59.87	42.72	61.12	0.00	-41857.66	100	0.781928
ADUS \| Addus HomeCare Corp.	0.56	2.88	5.12	-3.09	-6.53	11.19	39.76	40	7.80	41.28	49.18	-2994.45	186.20	0	2.80782
SRDX \| Surmodics, Inc. Common St	0.56	0.36	0.20	4.05	-0.76	12.05	16.15	69	-1.18	-0.80	1.14	-4804.92	-1749.90	0	1.46782

Top 3 correlating companies

See full charts for all peers

Legal Disclaimer: The services provided are for general informational purposes only. None of the service is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security, or fund. The Services should not be relied upon for purposes of transacting securities or other investments. We cannot and do not assess or guarantee the suitability or profitability of any particular investment, or the potential value of any investment or informational source. You bear responsibility for your own investment research and decisions, and should seek the advice of a qualified securities professional before making any investment. Many traders who receive free or paid content will make little or no money. Any results displayed are exceptional and are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Do not invest money you cannot afford to lose. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

Research

Estimates

Ratings

Short Interest

Smart Money

Options

Financials

Social

Misc