ONECONNECT FINANCIAL TECHNO (OCFT) Stock Technical Analysis
NYSE:OCFT - New York Stock Exchange, Inc. - US68248T2042 - ADR - Currency: USD
We assign a technical rating of 9 out of 10 to OCFT. In the last year, OCFT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, OCFT did better than 98% of all other stocks. We also observe that the gains produced by OCFT over the past year are nicely spread over this period.
OCFT is part of the Software industry. There are 283 other stocks in this industry. OCFT outperforms 96% of them.
OCFT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so OCFT slightly outperforms the market at the moment.
In the last month OCFT has a been trading in the 5.40 - 6.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Although OCFT has an excellent technical rating, the quality of the presented setup is not ideal 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
3.92
6.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.02 to 6.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.54 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.96 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.81 to 6.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.76
Mansfield10.24
10 Day High6.23
10 Day Low5.73
20 Day High6.64
20 Day Low5.4
52 Week High6.9
52 Week Low0.87
Performance
1 Week0.49%
2 Weeks0.66%
1 Month-8.26%
3 Month82.39%
6 Month132.59%
12 Month152.48%
2 Year80.24%
3 Year-55.4%
5 Year-95.14%
10 YearN/A
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)-0.03
RSI(14)51.85
LBB5.89
UBB6.27
NYSE:OCFT (5/2/2025, 8:14:46 PM)
6.11
+0.16 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.69%
1 Week0.49%
2 Weeks0.66%
1 Month-8.26%
3 Month82.39%
6 Month132.59%
12 Month152.48%
2 Year80.24%
3 Year-55.4%
5 Year-95.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.77%
ATR Inc-17.32%
Range Today0.22
ADR(20)0.27
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.76
Mansfield10.24
10 Day High6.23
10 Day Low5.73
20 Day High6.64
20 Day Low5.4
52 Week High6.9
52 Week Low0.87
CS1 End6.04
CR1 Start6.81
Volume & EV
DER(3)-0.29%
DER(5)1.69%
Volume40.10K
Volume Incr-65.59%
Vol(5)21.88K
Vol(50)137.82K