Overall OCUL gets a technical rating of 8 out of 10. In the last year, OCUL was one of the better performers, but we do observe some doubts in the very recent evolution.
Although OCUL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
7.49
We found 4 important support areas.
- Support @12.55 from a horizontal line in the daily time frame.
- A support zone ranging from 11.73 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.84 from a horizontal line in the weekly time frame.
- Support @7.57 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 | UP | POSITIVE | The long term trend for OCUL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCUL is down. |
| ChartMill Relative Strength | 86.32 | POSITIVE | OCUL has a high relative strength, it outperformed 86.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of OCUL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OCUL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCUL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.14 | NEUTRAL | The RSI value for OCUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests OCUL has a negative trend. |
| Stochastics (14,3) | 14.65 | OVERSOLD | The low Stochastics value suggests OCUL may be oversold. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for OCUL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for OCUL suggests a possible start of a new trend. |
12.56
-0.15 (-1.18%)
OCULAR THERAPEUTIX INC / OCUL FAQ
What is the ChartMill technical rating of OCULAR THERAPEUTIX INC (OCUL) stock?
ChartMill assigns a technical rating of 8 / 10 to OCUL.
What is the trend direction for OCUL stock?
The current trend direction for OCULAR THERAPEUTIX INC (OCUL) is Bullish.
What is the RSI signal for OCULAR THERAPEUTIX INC (OCUL) stock?
OCULAR THERAPEUTIX INC (OCUL) has an RSI value of 46.1401. This indicates that the stock is currently neutral.
What is the MACD signal for OCULAR THERAPEUTIX INC (OCUL) stock?
The MACD indicator for OCULAR THERAPEUTIX INC (OCUL) has a value of -0.247759, indicating a bearish trend.
What is the support and resistance level for OCUL stock?
OCULAR THERAPEUTIX INC (OCUL) has a support level at 12.55. Check the full technical report for our detailed analysis of OCUL support and resistance levels.