OPTICAL CABLE CORP (OCC)
US6838272085 - Common Stock
Overall OCC gets a technical rating of 4 out of 10. OCC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
79% of all other stocks performed better in the past year than OCC.
OCC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: OCC has an average volume of 6242 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
OCC is part of the Communications Equipment industry. There are 54 other stocks in this industry, OCC did better than 50% of them.
In the last month OCC has a been trading in the 2.71 - 3.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, OCC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.92, a Stop Loss order could be placed below this zone.
More info and screens
2.47
3.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.84 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.68 to 2.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.49 to 2.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.90 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.01 to 3.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.25 from a horizontal line in the weekly time frame.
- Resistance @3.31 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.05
Mansfield-1.78
10 Day High3.03
10 Day Low2.71
20 Day High3.03
20 Day Low2.71
52 Week High4.65
52 Week Low2.26
Performance
1 Week-2.21%
2 Weeks6.13%
1 Month3.17%
3 Month8.72%
6 Month11.41%
12 Month-29.23%
2 Year-19.06%
3 Year-12.56%
5 Year-30.24%
10 Year-20.6%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)54.46
LBB2.65
UBB3.01
OPTICAL CABLE CORP
NASDAQ:OCC (5/6/2024, 2:47:03 PM)
2.9
-0.03 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.02%
1 Week-2.21%
2 Weeks6.13%
1 Month3.17%
3 Month8.72%
6 Month11.41%
12 Month-29.23%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%3.35%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.03
10 Day Low2.71
20 Day High3.03
20 Day Low2.71
52 Week High4.65
52 Week Low2.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.38K
Volume Incr-2.86%
Vol(5)4.08K
Vol(50)6.24K