OPTICAL CABLE CORP (OCC) Technical Analysis
NASDAQ:OCC • US6838272085
Current stock price
10.12 USD
+1.35 (+15.39%)
At close:
10.12 USD
0 (0%)
After Hours:
OCC Technical Rating and Analysis
Overall OCC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, OCC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that OCC is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by OCC over the past year are nicely spread over this period.
- OCC is part of the Communications Equipment industry. There are 48 other stocks in this industry. OCC outperforms 87% of them.
- OCC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OCC is performing more or less in line with the market.
- In the last month OCC has a been trading in the 5.32 - 10.48 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.
OCC Weekly and Daily overview Charts
OCC Setup Rating and Analysis
Although OCC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OCC Support and Resistance Analysis
6.94
10.22
We found 1 important support area.
- Support @7.01 from a trend line in the daily time frame.
OCC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OCC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OCC is up. |
| ChartMill Relative Strength | 98.66 | POSITIVE | OCC has a high relative strength, it outperformed 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.6 | OVERBOUGHT | The high RSI value suggests OCC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests OCC has a positive trend. |
| Stochastics (14,3) | 84.63 | OVERBOUGHT | The high Stochastics value suggests OCC may be overbought. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for OCC suggests high volalility. |
| Average Directional Index/ADX (14) | 36.04 | POSITIVE | The high ADX value value for OCC suggests a strong trend. |
OCC Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
OCC Technicals: Chart, Performance Metrics, Trend & Indicators
10.12
+1.35 (+15.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg15.39%
1 Week45.19%
2 Weeks25.56%
1 Month59.12%
3 Month128.96%
6 Month25.71%
12 Month244.22%
2 Year257.6%
3 Year135.35%
5 Year181.89%
10 Year319.92%
15 Year106.53%
Volatility
ATR(14)1.11
ATR(20)%9.77%
ATR Inc30.91%
Range Today1.58
ADR(20)0.95
ADR(20)%9.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.66
3 months CRS99.32
6 months CRS89.74
Mansfield7.91
10 Day High10.48
10 Day Low6.52
20 Day High10.48
20 Day Low5.32
52 Week High11.5
52 Week Low2.4
CS1 End7.01
CR1 StartN/A
Volume & EV
DER(3)8.7%
DER(5)0.46%
Volume285.60K
Volume Incr5.42%
Vol(5)169.48K
Vol(50)135.20K
OPTICAL CABLE CORP / OCC TA FAQ
What is the technical rating for OCC stock?
ChartMill assigns a technical rating of 10 / 10 to OCC.
What is the current trend direction of OPTICAL CABLE CORP (OCC) stock?
The current trend direction for OPTICAL CABLE CORP (OCC) is Bullish.
Can you provide the RSI signal for OPTICAL CABLE CORP?
OPTICAL CABLE CORP (OCC) has an RSI value of 71.603. This indicates that the stock is currently overbought.
What is the short term momentum for OPTICAL CABLE CORP (OCC) stock?
The short term momentum for OPTICAL CABLE CORP (OCC) is positive.
Can you provide the buy/sell signal for OPTICAL CABLE CORP?
The buy/sell signal for OPTICAL CABLE CORP (OCC) is buy as both the short term and long term trends are positive.