Taking everything into account, OCUL scores 1 out of 10 in our technical rating. OCUL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
7.56
3 important support areas can be observed.
- Support @11.25 from a horizontal line in the daily time frame.
- Support @10.84 from a horizontal line in the weekly time frame.
- Support @7.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @11.32 from a trend line 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 | NEUTRAL | NEUTRAL | The long term trend for OCUL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OCUL is down. |
| ChartMill Relative Strength | 74.65 | POSITIVE | OCUL has a high relative strength, it outperformed 74.65% 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) | UP | POSITIVE | The current price of OCUL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.73 | NEUTRAL | The RSI value for OCUL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests OCUL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.35 | OVERSOLD | The low Stochastics value suggests OCUL may be oversold. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for OCUL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for OCUL suggests a possible start of a new trend. |
11.26
-0.12 (-1.05%)
OCULAR THERAPEUTIX INC / OCUL FAQ
What is the ChartMill technical rating of OCULAR THERAPEUTIX INC (OCUL) stock?
ChartMill assigns a technical rating of 1 / 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 36.7282. 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 -0.220171, indicating a bearish trend.