RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%
Opera Ltd (NASDAQ: OPRA) is a Norway-based technology company that is engaged in the web browser development. The Company operates as provider of browser and integrated artificial intelligence (AI)-driven digital content discovery and recommendation platforms.
Technical Observation (on the daily chart):
OPRA's stock price is currently trading near its rising trendline support level and has formed a micro double bottom pattern on the daily chart, suggesting a potential upside movement in the near term. Notably, the stock is still below both its 21-day and 50-day simple moving averages (SMAs), and could potentially retest these levels in the near future as the price has historically done so in the past. Additionally, the 14-period Relative Strength Index (RSI) is currently below its midpoint, which may indicate a pullback to the upside.
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