We assign a technical rating of 5 out of 10 to OCFC. OCFC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
OCFC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
14.62
We found 5 important support areas.
When analyzing the resistance we notice 2 important areas.
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 OCFC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OCFC is neutral. |
| ChartMill Relative Strength | 52.53 | NEUTRAL | OCFC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OCFC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.04 | NEUTRAL | The RSI value for OCFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests OCFC has a positive trend. |
| Stochastics (14,3) | 46.95 | NEUTRAL | The Stochastics value for OCFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for OCFC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for OCFC suggests a possible start of a new trend. |
18.75
+0.13 (+0.7%)
ChartMill assigns a technical rating of 5 / 10 to OCFC.
The current trend direction for OCEANFIRST FINANCIAL CORP (OCFC) is Bearish.
OCEANFIRST FINANCIAL CORP (OCFC) has an RSI value of 53.0372. This indicates that the stock is currently neutral.
The MACD indicator for OCEANFIRST FINANCIAL CORP (OCFC) has a value of 0.0811844, indicating a bearish trend.
The short term momentum for OCEANFIRST FINANCIAL CORP (OCFC) is neutral.