We assign a technical rating of 3 out of 10 to OCG. Although OCG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
OCG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for OCG 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
2.22
We found 3 important support areas.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @2.30 from a trend line in the daily time frame.
- Support @2.24 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @3.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.13 to 3.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.82 from a trend line in the daily time frame.
- Resistance @4.05 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 OCG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OCG is neutral. |
| ChartMill Relative Strength | 88.28 | POSITIVE | OCG has a high relative strength, it outperformed 88.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of OCG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.31 | NEUTRAL | The RSI value for OCG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests OCG has a positive trend. |
| Stochastics (14,3) | 72.2 | NEUTRAL | The Stochastics value for OCG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for OCG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for OCG suggests a weak or negative trend. |
2.8
-0.21 (-6.98%)
ORIENTAL CULTURE HOLDING LTD / OCG FAQ
What is the technical rating for OCG stock?
ChartMill assigns a technical rating of 3 / 10 to OCG.
Can you provide the trend direction for ORIENTAL CULTURE HOLDING LTD?
The current trend direction for ORIENTAL CULTURE HOLDING LTD (OCG) is Bearish.
What is the RSI signal for ORIENTAL CULTURE HOLDING LTD (OCG) stock?
ORIENTAL CULTURE HOLDING LTD (OCG) has an RSI value of 51.3129. This indicates that the stock is currently neutral.
What is the MACD signal for OCG stock?
The MACD indicator for ORIENTAL CULTURE HOLDING LTD (OCG) has a value of 0.0848096, indicating a bearish trend.
What are the support and resistance levels for ORIENTAL CULTURE HOLDING LTD (OCG) stock?
ORIENTAL CULTURE HOLDING LTD (OCG) has a support level at 2.44 and a resistance level at 3.02. Check the full technical report for our detailed analysis of OCG support and resistance levels.