1.2 USD
-0.02 (-1.64%)
1.2 USD
0 (0%)
Taking everything into account, OCGN scores 2 out of 10 in our technical rating. Although OCGN 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.
In the last month OCGN has a been trading in the 1.09 - 1.42 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.
OCGN has an average volume of 4420570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, OCGN did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
OCGN is part of the Biotechnology industry. There are 531 other stocks in this industry, OCGN did better than 65% of them.
OCGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OCGN is lagging the market.
OCGN has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.10
1.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.25 to 1.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.75 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for OCGN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCGN is down. |
| ChartMill Relative Strength | 87.63 | POSITIVE | OCGN has a high relative strength, it outperformed 87.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OCGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.41 | NEUTRAL | The RSI value for OCGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OCGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.13 | NEUTRAL | The Stochastics value for OCGN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.24 | HIGH VOLATILITY | The high ATR as a percentage value for OCGN suggests high volalility. |
| Average Directional Index/ADX (14) | 18.94 | NEGATIVE | The low ADX value for OCGN suggests a weak or negative trend. |
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)
1.2
-0.02 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.64%
1 Week1.69%
2 Weeks3.45%
1 Month-11.76%
3 Month12.15%
6 Month6.19%
12 Month39.96%
2 Year108.7%
3 Year-7.69%
5 Year-34.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%6.24%
ATR Inc-26.11%
Range Today0.07
ADR(20)0.07
ADR(20)%6.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.63
3 months CRS85.09
6 months CRS52.74
Mansfield1.02
10 Day High1.26
10 Day Low1.14
20 Day High1.42
20 Day Low1.09
52 Week High1.9
52 Week Low0.52
CS1 End1.2
CR1 Start1.21
Volume & EV
DER(3)-2.01%
DER(5)1.18%
Volume2.69M
Volume Incr-5.46%
Vol(5)3.19M
Vol(50)4.42M
OCUGEN INC / OCGN FAQ
What is the technical rating for OCGN stock?
ChartMill assigns a technical rating of 2 / 10 to OCGN.
What is the current trend direction of OCUGEN INC (OCGN) stock?
The current trend direction for OCUGEN INC (OCGN) is Bearish.
What is the RSI signal for OCGN stock?
OCUGEN INC (OCGN) has an RSI value of 42.413. This indicates that the stock is currently neutral.
What is the MACD signal for OCGN stock?
The MACD indicator for OCUGEN INC (OCGN) has a value of 0.0148464, indicating a bearish trend.
What is the short term momentum for OCGN stock?
The short term momentum for OCUGEN INC (OCGN) is negative.