Why FOMO Is Your Worst Enemy? – Opera Limited (OPRA), Telecom Argentina S.A. (TEO)

The price of Opera Limited (NASDAQ:OPRA) went up by $0.23 now trading at $9.81. The last few days have been good for the stock, as its price has grew by 3.05% during the week. It has also performed better over the past three months, as it added around 16.51% while it has so far retreated around 0% during the course of a year. The stock of OPRA recorded 76.44% uptrend from the beginning of this year till date. The 12-month potential price target for Opera Limited is set at $9.25. This target means that the stock has an upside potential to increase by -5.71% from the current trading price.

5 institutions entered new Opera Limited (NASDAQ:OPRA) positions, 12 added to their existing positions in these shares, 20 lowered their positions, and 15 exited their positions entirely.

Opera Limited (OPRA) trade volume has increased by 30.97% as around 168,591 shares were sold when compared with its 50-day average volume of traded shares which is 128,724. At the moment, OPRA is witnessing a uptrend, as it is trading 5.86% above its 20-day SMA, 21.11% above its 50-day SMA, and 16.49% above its 200-day SMA. The company runs an ROE of roughly 5.1%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Opera Limited (NASDAQ:OPRA) will likely come at $10.12, marking a 3.06% premium to the current level. The second resistance point is at $10.44, about 6.03% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $8.9, the lower end of the range. OPRA’s 14-day MACD is 0.12 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 65.42, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 47.53 percent, which is low when compared to that of the 50-day’s 48.5 percent.

The shares of Telecom Argentina S.A. (NYSE:TEO) has increased by 1.31%, and now trading at $14.72 on the Wall Street in the intra-day deal, with their shares traded now around 520,532. This is a rise of 217,450 shares over the average 303,082 shares that were traded daily over the last three months. The stock that is trading at $14.72 went higher by 19.29% from its 52-week low of $12.34 that it attained back on 2019-04-25. The stock recorded a 52-week high of $23.9 nearly 358 days ago on 2018-05-23.

TEO stock has performed well over the past 30 days, as it added 1.94% while its price plunged by -5.4% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -5.46% over the last week. The stock’s 12-month potential target price is now at $18.08. This means that the stock price might likely increase by 22.83% from its current trading price. 1 out of 8 Wall Street analysts which represents 12.5% rated the stock as a buy while the remaining 62.5% rated it as a hold, with 25% of analysts rating it as a sell.

Telecom Argentina S.A. (NYSE:TEO) has been utilizing an ROE that is roughly 3.6%, with stock analysts predicting that the company’s EPS for the next five years will go down by 0% per year, following the -5.7% drop that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 3.59% above its 20-day SMA, 1% above its 50-day SMA, and -10.55% below its 200-day SMA. In percentage terms, the aggregate Telecom Argentina S.A. shares held by institutional investors is 11%. 11 institutions jumped in to acquire Telecom Argentina S.A. (TEO) fresh stake, 31 added to their current holdings in these shares, 25 lowered their positions, and 9 left no stake in the company.

The stock’s 9-day MACD is -0.18 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 55.64, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 40.18 percent, which is more when compared to that of the 50-day’s 32.77 percent. On the daily chart, we see that the stock could reach the first level of resistance at $15, sporting a 1.87% premium to the current level. The next resistance point is at $15.29, representing nearly 3.73% premium to the current market price of Telecom Argentina S.A. (TEO). On the other hand, failure to breach the immediate hurdles can drag it down to $13.83, the lower end of the range.