Should You Invest In Opiant Pharmaceuticals, Inc. ($OPNT) Or China Natural Resources, Inc. ($CHNR)?

2019-08-20 | Welcome! Today we compared how two different stocks in the Precious Metals industry are trading: Opiant Pharmaceuticals, Inc. and China Natural Resources, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Opiant Pharmaceuticals, Inc. opened at 14.72, got to a maximum price of 15.11 and dropped to as low as 14.72 before finishing the session at 15.0. In total there were 13200 shares traded, which is enough to conduct our analysis. Compare that now to China Natural Resources, Inc., which opened at 1.7, had a high of 1.71, a low of 1.49, closed at 1.64 and had a total volume of 7900.0.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Opiant Pharmaceuticals, Inc. China Natural Resources, Inc.
Accumulation-distribution index 29.72 74.69273
on-balance volume -14.72 1.7
chaikin money flow

1.0 43.0
force index

0.1862 -0.0036
ease of movement rating

0.00202 0.00324
volume-price trend

3.18092 -0.13393
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Opiant Pharmaceuticals, Inc. China Natural Resources, Inc.
Average true range 0.37917 0.04268
Bolinger bands 14.88456 1.54743
Upper bollinger band 14.37544 1.46257
Lower bollinger band

14.72 1.49
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

14.85 1.63333
High band keltner channel

14.46 1.62333
Low band keltner channel

15.24 1.64333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

14.72 1.49
Donchain channel low band

14.72 1.49
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Opiant Pharmaceuticals, Inc. China Natural Resources, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00067
MACD signal -0.00224 0.00037
MACD difference -0.00179 0.0003
fast Exponential Moving Average (EMA) indicator

14.72 1.49
slow Exponential Moving Average (EMA) indicator

14.72 1.49
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.54609 0.07409

16.42576 -5.74656
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-2.56074 0.13493
KST Oscillator (KST)

210.59979 -83.03573
KST Oscillator (KST Signal)

210.59979 -83.03573
KST difference

-3.70088 4.61559
Ichimoku rating

14.915 1.705
Ichimoku B rating

14.915 1.705
Ichimoku visual trend A

12.89783 1.66688
Ichimoku visual trend B

13.33193 1.616
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Opiant Pharmaceuticals, Inc. China Natural Resources, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 50.53856
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

100.0 -179.72773
stochastic oscillator

100.0 2200.0
stochastic oscillator signal

100.0 2200.0
Williams %R rating

46.15385 2100.0
awesome oscillator

0.06818 0.00075

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Opiant Pharmaceuticals, Inc. and China Natural Resources, Inc..

Daily return 21.05998 -8.30357
Daily log return -1.23036 1.99342
Cumulative return -1.22283 2.01342

So there you have it: our deep, grueling analysis comparing Opiant Pharmaceuticals, Inc. and China Natural Resources, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Opiant Pharmaceuticals, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether OPNT is strong or weak. Again – this is not a reliable indication of whether Opiant Pharmaceuticals, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with China Natural Resources, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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