OCADO GROUP PLC (OCDO.L) Stock Technical Analysis
LON:OCDO - London Exchange - GB00B3MBS747 - Common Stock - Currency: GBX
Taking everything into account, OCDO scores 0 out of 10 in our technical rating. OCDO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, OCDO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 242.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 229.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OCDO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
223.83
We found 1 important support area.
- A support zone ranging from 226.09 to 229.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 242.71 to 246.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 253.16 to 254.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 266.27 to 269.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @332.20 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for OCDO.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCDO.L is down. |
| ChartMill Relative Strength | 1.85 | NEGATIVE | OCDO.L has a low relative strength, it was outperformed by 98.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCDO.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCDO.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCDO.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.63 | NEUTRAL | The RSI value for OCDO.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.2 | POSITIVE | The MACD value suggests OCDO.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.19 | NEUTRAL | The Stochastics value for OCDO.L is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for OCDO.L suggests some volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for OCDO.L suggests a possible start of a new trend. |
LON:OCDO (7/14/2025, 5:29:41 PM)
231.1
-4.1 (-1.74%)