Optimizerx Corporation Common Stock | OPRX

Daily Technical Analysis of Optimizerx Corporation Common Stock

Optimizerx hasn't moved too much today but is slightly down, it has lost -0.68% since yesterday.

Currently OPRX isn't at a clear support/resistance line that seems tradable. But we can consider it's momentum, Optimizerx has seen a lot of selling over the last year which hasn't let up, this thing has really been sliding. People who bought the asset have lost -54.93 percent over the last 12 months, not great! I would wait until it get to a better support level before rolling the dice on this one. OPRX might find some support at the 10.48 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Optimizerx By Price Target And Rating

The analysts feel fairly neutral on the prospects for OptimizeRx but a little more positive than negative. The current Analysts Sentiment Score is 19.76. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JMP Securities reiterated a rating of Market Outperform on 2024-04-16 and added a price target of $15.00. Stifel Nicolaus reiterated a rating of Buy on 2024-04-01 and provided a price target of $13.00. Royal Bank of Canada announced that they are reiterating a rating of Outperform on 2024-04-01 and added a price target of $17.00. Barclays initiated a rating of Equal Weight on 2024-01-03 and provided a price target of $15.00. Lake Street Capital decided to move down their price target on 2023-08-15 to $13.00 which is a -27.78% decrease. Roth Mkm dropped their price target by -35.48% to $20.00 on 2023-08-15. B. Riley announced a lowering of their price target to $18.00 from $28.00 on 2023-08-15.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for OptimizeRx

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.

Social Sentiment for OptimizeRx

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.