OCULAR THERAPEUTIX INC (OCUL) Stock Technical Analysis
NASDAQ:OCUL - Nasdaq - US67576A1007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to OCUL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OCUL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, OCUL did better than 91% of all other stocks.
OCUL is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 84% 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 8.03 - 11.54 range, which is quite wide. It is currently trading near the high of this range.
OCUL has an average volume of 2363140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although OCUL has an excellent technical rating, it does not offer a high quality setup 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
6.88
11.49
We found 4 important support areas.
- Support @9.39 from a trend line in the daily time frame.
- Support @7.92 from a trend line in the daily time frame.
- Support @7.23 from a trend line in the weekly time frame.
- Support @6.95 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 | UP | POSITIVE | The short term trend for OCUL is up. |
| ChartMill Relative Strength | 91.43 | POSITIVE | OCUL has a high relative strength, it outperformed 91.43% 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) | 76.45 | OVERBOUGHT | The high RSI value suggests OCUL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests OCUL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.45 | OVERBOUGHT | The high Stochastics value suggests OCUL may be overbought. |
| Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for OCUL suggests some volalility. |
| Average Directional Index/ADX (14) | 46.22 | 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)
11.38
+0.13 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.16%
1 Week2.71%
2 Weeks20.3%
1 Month37.11%
3 Month55.68%
6 Month42.07%
12 Month44.97%
2 Year150.66%
3 Year154.02%
5 Year45.15%
10 Year-50.71%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%4.68%
ATR Inc-32.19%
Range Today0.3
ADR(20)0.51
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.43
Mansfield2.24
10 Day High11.54
10 Day Low9.36
20 Day High11.54
20 Day Low8.03
52 Week High11.78
52 Week Low5.79
CS1 End9.39
CR1 StartN/A
Volume & EV
DER(3)4.07%
DER(5)4.47%
Volume2.68M
Volume Incr-27.23%
Vol(5)2.18M
Vol(50)2.36M