OCULAR THERAPEUTIX INC (OCUL) Stock Technical Analysis
USA - NASDAQ:OCUL - US67576A1007 - Common Stock
12.2 USD
+0.1 (+0.83%)
12.0981 USD
-0.1 (-0.84%)
Taking everything into account, OCUL scores 8 out of 10 in our technical rating. In the last year, OCUL was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month OCUL has a been trading in the 11.84 - 13.85 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, OCUL did better than 87% of all other stocks.
OCUL is part of the Pharmaceuticals industry. There are 196 other stocks in this industry. OCUL outperforms 73% of them.
OCUL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so OCUL is lagging the market slightly.
OCUL has an average volume of 2178540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
OCUL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for OCUL 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
7.28
12.32
We found 4 important support areas.
- A support zone ranging from 12.09 to 12.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.58 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.81 from a trend line in the weekly time frame.
- Support @7.35 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 | NEUTRAL | NEUTRAL | The short term trend for OCUL is neutral. |
| ChartMill Relative Strength | 87.95 | POSITIVE | OCUL has a high relative strength, it outperformed 87.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OCUL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of OCUL is below 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) | 47.51 | NEUTRAL | The RSI value for OCUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests OCUL has a negative trend. |
| Stochastics (14,3) | 22 | NEUTRAL | The Stochastics value for OCUL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.91 | MEDIUM VOLATILITY | The ATR as a percentage value for OCUL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for OCUL suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.56 | 12.08 | 0.48 (3.85%) | 25.00% |
| An entry @12.56. This is a Buy Stop order right above the 10 day moving average. | An exit @12.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 3.85%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- The distance between exit and entry is rather small compared to the average daily movement of OCUL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.2
+0.1 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.83%
1 Week-2.71%
2 Weeks-4.01%
1 Month-0.81%
3 Month32.32%
6 Month60.95%
12 Month40.55%
2 Year288.54%
3 Year193.98%
5 Year60.32%
10 Year-13.23%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%4.91%
ATR Inc3.44%
Range Today0.44
ADR(20)0.59
ADR(20)%4.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
Mansfield1.79
10 Day High13.25
10 Day Low11.87
20 Day High13.85
20 Day Low11.84
52 Week High13.85
52 Week Low5.79
CS1 End12.19
CR1 StartN/A
Volume & EV
DER(3)3.87%
DER(5)3.34%
Volume2.18M
Volume Incr6.9%
Vol(5)2.40M
Vol(50)2.18M