ONECONNECT FINANCIAL TECHNO (OCFT)
US68248T2042 - ADR
We assign a technical rating of 2 out of 10 to OCFT. In the past year, OCFT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than OCFT.
OCFT is part of the Software industry. There are 277 other stocks in this industry, of which 77% are performing better than OCFT.
OCFT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: OCFT has an average volume of 19288 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month OCFT has a been trading in the 1.75 - 2.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OCFT has a poor technical rating and the quality of the setup is also only medium 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
1.95
2.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.03 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.97 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @2.34 from a trend line in the daily time frame.
- A resistance zone ranging from 2.43 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.54 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
CRS11.8
Mansfield-3.69
10 Day High2.44
10 Day Low1.96
20 Day High2.44
20 Day Low1.75
52 Week High6
52 Week Low1.75
Performance
1 Week5.85%
2 Weeks0.46%
1 Month19.23%
3 Month1.88%
6 Month-29.32%
12 Month-55.07%
2 Year-84.16%
3 Year-98.5%
5 YearN/A
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)0.02
RSI(14)53.46
LBB1.89
UBB2.37
ONECONNECT FINANCIAL TECHNO
NYSE:OCFT (5/16/2024, 7:08:29 PM)
After market: 2.13 -0.04 (-1.84%)2.17
+0.02 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.93%
1 Week5.85%
2 Weeks0.46%
1 Month19.23%
3 Month1.88%
6 Month-29.32%
12 Month-55.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%6.01%
ATR Inc
Range Today0.04
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 High2.44
10 Day Low1.96
20 Day High2.44
20 Day Low1.75
52 Week High6
52 Week Low1.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.40K
Volume Incr-23.16%
Vol(5)16.36K
Vol(50)19.29K