OCULAR THERAPEUTIX INC (OCUL) Technical Analysis
NASDAQ:OCUL • US67576A1007
Current stock price
OCUL Technical Rating and Analysis
Taking everything into account, OCUL scores 0 out of 10 in our technical rating. OCUL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, OCUL is a bad performer in the overall market: 83% of all stocks are doing better.
- OCUL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OCUL is lagging the market.
- In the last month OCUL has a been trading in the 7.53 - 11.50 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.
- OCUL has an average volume of 6857010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- OCUL is an average performer in the Pharmaceuticals industry, it outperforms 43% of 192 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
OCUL Weekly and Daily overview Charts
OCUL Setup Rating and Analysis
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
OCUL Support and Resistance Analysis
7.47
We can see 4 important resistance areas.
- A resistance zone ranging from 8.24 to 8.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.14 to 9.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.55 from a trend line in the daily time frame.
- Resistance @10.81 from a trend line in the daily time frame.
OCUL Technical Indicator Signal Analysis
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 | 17.57 | NEGATIVE | OCUL has a low relative strength, it was outperformed by 82.43% 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) | 33.71 | 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) | 10.74 | OVERSOLD | The low Stochastics value suggests OCUL may be oversold. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for OCUL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for OCUL suggests a weak or negative trend. |
OCUL Chart- and CandleStick Pattern Analysis
OCUL Technicals: Chart, Performance Metrics, Trend & Indicators
7.55
-0.52 (-6.44%)
OCULAR THERAPEUTIX INC / OCUL TA 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 33.7075. This indicates that the stock is currently neutral.
Can you provide the MACD signal for OCULAR THERAPEUTIX INC?
The MACD indicator for OCULAR THERAPEUTIX INC (OCUL) has a value of -0.118101, 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.