OCUGEN INC (OCGN)
US67577C1053 - Common Stock
Overall OCGN gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month OCGN has a been trading in the 1.11 - 2.08 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
OCGN is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 588 stocks in the same industry.
OCGN has an average volume of 9566750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OCGN did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
OCGN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OCGN is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
OCGN has an excellent technical rating, but the quality of the setup is 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
0.74
1.79
4 important support areas can be observed.
- A support zone ranging from 1.27 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.24 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.17 from a horizontal line in the daily time frame.
- Support @0.75 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.39 from a horizontal line in the daily time frame.
- Resistance @1.77 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.22
Mansfield8.38
10 Day High1.44
10 Day Low1.11
20 Day High2.08
20 Day Low1.11
52 Week High2.11
52 Week Low0.35
Performance
1 Week3.91%
2 Weeks0.76%
1 Month-27.32%
3 Month151.99%
6 Month245.45%
12 Month90%
2 Year-43.88%
3 Year-84.77%
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)48.04
LBB1.12
UBB1.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.40 | 1.26 | 0.14 (10.00%) | 10.00% |
| An entry @1.40. This is a Buy Stop order right above the resistance zone. | An exit @1.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 10.00%. | For a 1.00% total portfolio risk, you can invest 10.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of OCGN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OCUGEN INC
NASDAQ:OCGN (5/3/2024, 7:09:59 PM)
After market: 1.34 +0.01 (+0.75%)1.33
+0.01 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.76%
1 Week3.91%
2 Weeks0.76%
1 Month-27.32%
3 Month151.99%
6 Month245.45%
12 Month90%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%11.84%
ATR Inc
Range Today0.1
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 High1.44
10 Day Low1.11
20 Day High2.08
20 Day Low1.11
52 Week High2.11
52 Week Low0.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.82M
Volume Incr-37.26%
Vol(5)5.47M
Vol(50)9.57M