NASDAQ:OCGN • US67577C1053
Overall OCGN gets a technical rating of 6 out of 10. 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.
OCGN has an average technical rating and it also does not offer a high quality setup 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.
1.29
We found 3 important support areas.
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for OCGN is neutral. |
| ChartMill Relative Strength | 93.67 | POSITIVE | OCGN has a high relative strength, it outperformed 93.67% 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) | UP | MIXED | The current price of OCGN is below the rising 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) | 45.64 | NEUTRAL | The RSI value for OCGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OCGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.38 | NEUTRAL | The Stochastics value for OCGN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for OCGN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for OCGN suggests a weak or negative trend. |
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ChartMill assigns a technical rating of 6 / 10 to OCGN.
The current trend direction for OCUGEN INC (OCGN) is Bearish.
OCUGEN INC (OCGN) has an RSI value of 45.6365. This indicates that the stock is currently neutral.
The short term momentum for OCUGEN INC (OCGN) is neutral.