Overall OCC gets a technical rating of 1 out of 10. OCC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
76% of all other stocks performed better in the past year than OCC.
OCC is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 75% are performing better than OCC.
OCC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: OCC has an average volume of 23262 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month OCC has a been trading in the 2.40 - 3.28 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.