OCEAN BIOMEDICAL INC (OCEA) Technical Analysis
NASDAQ:OCEA • US67644C1045
Current stock price
0.0205 USD
-0.02 (-46.75%)
At close:
0.02 USD
0 (-2.44%)
After Hours:
OCEA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to OCEA. OCEA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, OCEA is a bad performer in the overall market: 100% of all stocks are doing better.
- OCEA is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 93% are performing better than OCEA.
- OCEA is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so OCEA is lagging the market.
- In the last month OCEA has a been trading in the 0.02 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- OCEA has an average volume of 62247300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OCEA Weekly and Daily overview Charts
OCEA Setup Rating and Analysis
The technical rating of OCEA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
OCEA Support and Resistance Analysis
OCEA 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 | DOWN | NEGATIVE | The long term trend for OCEA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCEA is down. |
| ChartMill Relative Strength | 0.16 | NEGATIVE | OCEA has a low relative strength, it was outperformed by 99.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCEA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.74 | OVERSOLD | The low RSI value suggests OCEA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OCEA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.38 | OVERSOLD | The low Stochastics value suggests OCEA may be oversold. |
| Average True Range in percent/ATR (20) | 66.22 | HIGH VOLATILITY | The high ATR as a percentage value for OCEA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.23 | NEGATIVE | The low ADX value for OCEA suggests a weak or negative trend. |
OCEA 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)
OCEA Technicals: Chart, Performance Metrics, Trend & Indicators
0.0205
-0.02 (-46.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-46.75%
1 Week-53.41%
2 Weeks-48.75%
1 Month-63.91%
3 Month-95.12%
6 Month-97.84%
12 Month-98.47%
2 Year-99.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%66.22%
ATR Inc113.58%
Range Today0.02
ADR(20)0.01
ADR(20)%61.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.16
3 months CRSN/A
6 months CRSN/A
Mansfield-9.72
10 Day High0.05
10 Day Low0.02
20 Day High0.14
20 Day Low0.02
52 Week High2.09
52 Week Low0.02
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.39%
DER(5)-6.98%
Volume171.56M
Volume Incr62.95%
Vol(5)111.76M
Vol(50)62.25M
OCEAN BIOMEDICAL INC / OCEA TA FAQ
What is the ChartMill technical rating of OCEAN BIOMEDICAL INC (OCEA) stock?
ChartMill assigns a technical rating of 0 / 10 to OCEA.
What is the current trend direction of OCEAN BIOMEDICAL INC (OCEA) stock?
The current trend direction for OCEAN BIOMEDICAL INC (OCEA) is Bearish.
What is the RSI signal for OCEAN BIOMEDICAL INC (OCEA) stock?
OCEAN BIOMEDICAL INC (OCEA) has an RSI value of 23.7449. This indicates that the stock is currently oversold.
What is the short term momentum for OCEAN BIOMEDICAL INC (OCEA) stock?
The short term momentum for OCEAN BIOMEDICAL INC (OCEA) is negative.
What is the buy/sell signal for OCEA stock?
The buy/sell signal for OCEAN BIOMEDICAL INC (OCEA) is sell as both the short term and long term trends are negative.