OCWEN FINANCIAL CORP (OCN) Technical Analysis
NYSE:OCN • US6757466064
Current stock price
25.08 USD
-0.19 (-0.75%)
At close:
25.08 USD
0 (0%)
After Hours:
OCN Technical Rating and Analysis
Taking everything into account, OCN scores 0 out of 10 in our technical rating. OCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, OCN is a bad performer in the overall market: 74% of all stocks are doing better.
- OCN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OCN is lagging the market.
- Warning: OCN has an average volume of 13206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- OCN is part of the Financial Services industry. There are 98 other stocks in this industry, OCN did better than 53% of them.
- In the last month OCN has a been trading in the 23.58 - 27.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OCN Weekly and Daily overview Charts
OCN Setup Rating and Analysis
OCN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.13. Right above this resistance zone may be a good entry point.
More info and screens
OCN Support and Resistance Analysis
22.88
27.72
We found 3 important support areas.
- Support @24.30 from a trend line in the daily time frame.
- Support @23.79 from a trend line in the weekly time frame.
- A support zone ranging from 23.11 to 23.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.13 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.23 to 26.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.00 to 27.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.45 from a horizontal line in the daily time frame.
OCN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for OCN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OCN is neutral. |
| ChartMill Relative Strength | 26.85 | NEGATIVE | OCN has a low relative strength, it was outperformed by 73.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of OCN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.8 | NEUTRAL | The RSI value for OCN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests OCN has a positive trend. |
| Stochastics (14,3) | 64.49 | NEUTRAL | The Stochastics value for OCN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for OCN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for OCN suggests a weak or negative trend. |
OCN Chart- and CandleStick Pattern Analysis
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)
OCN Technicals: Chart, Performance Metrics, Trend & Indicators
25.08
-0.19 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.75%
1 Week2.33%
2 Weeks3.21%
1 Month-7.32%
3 Month0.48%
6 Month-4.96%
12 Month-17.42%
2 Year-8.47%
3 Year-19.04%
5 Year-19.23%
10 Year-95.49%
15 Year-87.11%
Volatility
ATR(14)0.87
ATR(20)%3.77%
ATR Inc-27.24%
Range Today0.88
ADR(20)0.89
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.85
3 months CRSN/A
6 months CRSN/A
Mansfield-1.95
10 Day High25.49
10 Day Low23.58
20 Day High27.38
20 Day Low23.58
52 Week High35.79
52 Week Low21.15
CS1 End24.3
CR1 Start25.13
Volume & EV
DER(3)-2.92%
DER(5)-2.27%
Volume10.20K
Volume Incr-41.64%
Vol(5)10.54K
Vol(50)13.21K
OCWEN FINANCIAL CORP / OCN TA FAQ
What is the ChartMill technical rating of OCWEN FINANCIAL CORP (OCN) stock?
ChartMill assigns a technical rating of 0 / 10 to OCN.
What is the trend direction for OCN stock?
The current trend direction for OCWEN FINANCIAL CORP (OCN) is Bearish.
Can you provide the RSI signal for OCWEN FINANCIAL CORP?
OCWEN FINANCIAL CORP (OCN) has an RSI value of 49.7961. This indicates that the stock is currently neutral.
What is the short term momentum for OCWEN FINANCIAL CORP (OCN) stock?
The short term momentum for OCWEN FINANCIAL CORP (OCN) is neutral.