Overall OCC gets a technical rating of 0 out of 10. OCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of OCC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.17
When analyzing the support we notice one important area.
- Support @3.20 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for OCC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCC is down. |
| ChartMill Relative Strength | 19.19 | NEGATIVE | OCC has a low relative strength, it was outperformed by 80.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OCC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.06 | OVERSOLD | The low RSI value suggests OCC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests OCC has a negative trend. |
| Stochastics (14,3) | 1.42 | OVERSOLD | The low Stochastics value suggests OCC may be oversold. |
| Average True Range in percent/ATR (20) | 19.27 | HIGH VOLATILITY | The high ATR as a percentage value for OCC suggests high volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for OCC suggests a strong trend. |
4.46
+0.02 (+0.45%)
OPTICAL CABLE CORP / OCC FAQ
What is the technical rating for OCC stock?
ChartMill assigns a technical rating of 0 / 10 to OCC.
Can you provide the trend direction for OPTICAL CABLE CORP?
The current trend direction for OPTICAL CABLE CORP (OCC) is Bearish.
Can you provide the RSI signal for OPTICAL CABLE CORP?
OPTICAL CABLE CORP (OCC) has an RSI value of 29.0628. This indicates that the stock is currently oversold.
What is the short term momentum for OPTICAL CABLE CORP (OCC) stock?
The short term momentum for OPTICAL CABLE CORP (OCC) is negative.
What is the support and resistance level for OCC stock?
OPTICAL CABLE CORP (OCC) has a support level at 3.2. Check the full technical report for our detailed analysis of OCC support and resistance levels.