OCULAR THERAPEUTIX INC (OCUL) Stock Technical Analysis
NASDAQ:OCUL • US67576A1007
Taking everything into account, OCUL scores 0 out of 10 in our technical rating. OCUL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than OCUL.
- OCUL is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 64% are performing better than OCUL.
- OCUL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month OCUL has a been trading in the 6.23 - 11.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- OCUL has an average volume of 5902660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of OCUL is bad and it also does not present a 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
6.95
We found 1 important support area.
- Support @7.02 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.42 to 8.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for OCUL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCUL is down. |
| ChartMill Relative Strength | 14.43 | NEGATIVE | OCUL has a low relative strength, it was outperformed by 85.57% 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) | DOWN | NEGATIVE | The current price of OCUL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OCUL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.24 | OVERSOLD | The low RSI value suggests OCUL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests OCUL has a negative trend. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests OCUL may be oversold. |
| Average True Range in percent/ATR (20) | 10.46 | HIGH VOLATILITY | The high ATR as a percentage value for OCUL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.26 | NEUTRAL | The ADX value for OCUL suggests a possible start of a new trend. |
7.03
+0.15 (+2.18%)
OCULAR THERAPEUTIX INC / OCUL FAQ
What is the ChartMill technical rating of OCULAR THERAPEUTIX INC (OCUL) stock?
ChartMill assigns a technical rating of 0 / 10 to OCUL.
Can you provide the trend direction for OCULAR THERAPEUTIX INC?
The current trend direction for OCULAR THERAPEUTIX INC (OCUL) is Bearish.
What is the RSI signal for OCULAR THERAPEUTIX INC (OCUL) stock?
OCULAR THERAPEUTIX INC (OCUL) has an RSI value of 25.2355. This indicates that the stock is currently oversold.
Can you provide the MACD signal for OCULAR THERAPEUTIX INC?
The MACD indicator for OCULAR THERAPEUTIX INC (OCUL) has a value of -0.16953, indicating a bearish trend.
Can you provide the buy/sell signal for OCULAR THERAPEUTIX INC?
The buy/sell signal for OCULAR THERAPEUTIX INC (OCUL) is sell as both the short term and long term trends are negative.