NASDAQ:OCGN - Nasdaq - US67577C1053 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to OCGN. OCGN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Besides having an excellent technical rating, OCGN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for OCGN in the last couple of days, which is a good sign.
0.56
We found 4 important support areas.
2 important resistance areas can be observed.
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 OCGN is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OCGN is up. |
ChartMill Relative Strength | 46.97 | NEUTRAL | OCGN is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCGN is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OCGN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OCGN is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 62.16 | NEUTRAL | The RSI value for OCGN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests OCGN has a positive trend. |
Stochastics (14,3) | 59.1 | NEUTRAL | The Stochastics value for OCGN is a neutral value. |
Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for OCGN suggests high volalility. |
Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for OCGN suggests a strong trend. |
0.8872
+0.04 (+4.18%)