OCUGEN INC (OCGN) Stock Technical Analysis
NASDAQ:OCGN - Nasdaq - US67577C1053 - Common Stock - Currency: USD
Overall OCGN gets a technical rating of 5 out of 10. In the last year, OCGN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
OCGN has an average volume of 5530970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OCGN turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
OCGN is an average performer in the Biotechnology industry, it outperforms 66% of 550 stocks in the same industry.
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.
In the last month OCGN has a been trading in the 0.93 - 1.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, OCGN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OCGN 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
0.58
1.21
We found 3 important support areas.
- A support zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.95 from a horizontal line in the daily time frame.
- Support @0.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.17 from a horizontal line in the daily time frame.
- Resistance @1.20 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 | UP | POSITIVE | The long term trend for OCGN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OCGN is neutral. |
| ChartMill Relative Strength | 66.51 | NEUTRAL | OCGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of OCGN is above 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) | 51.31 | 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) | 28.93 | NEUTRAL | The Stochastics value for OCGN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for OCGN suggests high volalility. |
| Average Directional Index/ADX (14) | 15.65 | 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)
NASDAQ:OCGN (8/13/2025, 12:17:09 PM)
1.03
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week7.85%
2 Weeks0%
1 Month-3.74%
3 Month35.81%
6 Month43.47%
12 Month-16.94%
2 Year138.92%
3 Year-60.08%
5 Year195.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.49%
ATR Inc-9.71%
Range Today0.03
ADR(20)0.07
ADR(20)%6.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.51
Mansfield0.53
10 Day High1.11
10 Day Low0.93
20 Day High1.18
20 Day Low0.93
52 Week High1.4
52 Week Low0.52
CS1 End1
CR1 Start1.07
Volume & EV
DER(3)6.21%
DER(5)3.64%
Volume1.18M
Volume Incr-32.32%
Vol(5)2.39M
Vol(50)5.53M