OCULAR THERAPEUTIX INC (OCUL) Stock Technical Analysis
NASDAQ:OCUL - Nasdaq - US67576A1007 - Common Stock - Currency: USD
Overall OCUL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, OCUL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
OCUL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 83% of 193 stocks in the same industry.
OCUL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OCUL has a been trading in the 10.58 - 12.91 range, which is quite wide. It is currently trading near the high of this range.
OCUL has an average volume of 2491440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, OCUL did better than 92% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
OCUL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
7.08
12.79
4 important support areas can be observed.
- Support @11.57 from a horizontal line in the daily time frame.
- Support @8.53 from a trend line in the daily time frame.
- Support @7.52 from a trend line in the weekly time frame.
- Support @7.15 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.63 to 12.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for OCUL is up. |
| ChartMill Relative Strength | 92.99 | POSITIVE | OCUL has a high relative strength, it outperformed 92.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCUL is above 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) | 60.31 | NEUTRAL | The RSI value for OCUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests OCUL has a negative trend. |
| Stochastics (14,3) | 83.55 | OVERBOUGHT | The high Stochastics value suggests OCUL may be overbought. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for OCUL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.98 | POSITIVE | The high ADX value value for OCUL suggests a strong 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 |
|---|---|---|---|
| 12.67 | 11.56 | 1.11 (8.76%) | 11.41% |
| An entry @12.67. This is a Buy Stop order right above the resistance zone. | An exit @11.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.11 points, which is 8.76%. | When investing 11.41% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
12.31
-0.31 (-2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.46%
1 Week-1.99%
2 Weeks-0.32%
1 Month6.9%
3 Month68.63%
6 Month75.86%
12 Month35.13%
2 Year225.66%
3 Year142.32%
5 Year41.49%
10 Year-30.14%
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%4.82%
ATR Inc-45.66%
Range Today0.45
ADR(20)0.58
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.99
Mansfield2.61
10 Day High12.91
10 Day Low10.58
20 Day High12.91
20 Day Low10.58
52 Week High12.91
52 Week Low5.79
CS1 End11.57
CR1 Start12.63
Volume & EV
DER(3)1.77%
DER(5)3.7%
Volume2.24M
Volume Incr2.3%
Vol(5)2.12M
Vol(50)2.49M