4.26% -0.0343

Optimum Communications Inc (OPTU)

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Optimum Communications Inc Stock (OPTU) Forecast

The Optimum Communications Inc (OPTU) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $0.77. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month OPTU Price Target

Average 0.00 (-100.00% Downside)

Is Optimum Communications Inc (OPTU) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	20.64	Buy
STOCH(9,6)	2.4379	Buy
STOCHRSI(14)	27.74	Neutral
MACD(12,26)	-0.171	Sell
ADX(14)	34.04	Sell
William %R	-97.93	Buy
CCI(14)	-108.29	Sell

Buy: 3 Sell: 3 Neutral: 1

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	1.0526 Sell	1.0282 Sell
MA20	1.3218 Sell	1.1922 Sell
MA50	1.3667 Sell	1.3542 Sell
MA100	1.5096 Sell	1.5071 Sell
MA200	0.9475 Sell	0.00 Buy

Buy: 1 Sell: 9 Neutral: 0

Summary: Sell

According to our latest analysis, OPTU could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 12 signaling Sell signals and 1 Neutral signals. This might not be a good time to consider opening new positions on OPTU, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 20.64 indicates that OPTU is oversold. This indicates that OPTU price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
STOCH (Stochastic Oscillator): The STOCH value of 2.4379 indicates that OPTU is oversold. This indicates that OPTU price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 27.74 indicates that OPTU is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
ADX (Average Directional Index): The ADX value of The ADX value of 34.04 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -108.29 indicates that OPTU is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.