ONCOCYTE CORP (OCX) Stock Technical Analysis
NASDAQ:OCX - Nasdaq - US68235C2061 - Common Stock - Currency: USD
Taking everything into account, OCX scores 5 out of 10 in our technical rating. In the last year, OCX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, OCX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
OCX is an average performer in the Biotechnology industry, it outperforms 60% of 551 stocks in the same industry.
OCX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OCX is lagging the market.
In the last month OCX has a been trading in the 2.56 - 3.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
OCX has an average technical rating and it also 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
2.57
3.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.97 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.67 from a trend line in the daily time frame.
- Support @2.60 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @3.20 from a trend line in the daily time frame.
- A resistance zone ranging from 3.44 to 3.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.83 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 | NEUTRAL | NEUTRAL | The long term trend for OCX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for OCX is neutral. |
| ChartMill Relative Strength | 50.23 | NEUTRAL | OCX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.27 | NEUTRAL | The RSI value for OCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests OCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.73 | NEUTRAL | The Stochastics value for OCX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for OCX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for OCX suggests a weak or negative 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)
3.2
+0.47 (+17.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg17.22%
1 Week16.15%
2 Weeks4.23%
1 Month14.29%
3 Month-5.88%
6 Month46.12%
12 Month13.07%
2 Year-30.43%
3 Year-82.22%
5 Year-91.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%7.41%
ATR Inc93.6%
Range Today0.5
ADR(20)0.23
ADR(20)%7.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.23
Mansfield0.63
10 Day High3.21
10 Day Low2.56
20 Day High3.46
20 Day Low2.56
52 Week High4.75
52 Week Low1.92
CS1 End3.03
CR1 Start3.2
Volume & EV
DER(3)12.93%
DER(5)13.38%
Volume103.50K
Volume Incr47.04%
Vol(5)52.94K
Vol(50)41.39K