ORAGENICS INC (OGEN) Technical Analysis
NYSEARCA:OGEN • US6840236094
We assign a technical rating of 4 out of 10 to OGEN. Recently some decent action could be observed, but in the medium term time frame this is still negative. OGEN was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, OGEN is a bad performer in the overall market: 95% of all stocks are doing better.
- OGEN is one of the lesser performing stocks in the Biotechnology industry. 80% of 519 stocks in the same industry do better.
- OGEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month OGEN has a been trading in the 0.61 - 1.11 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
OGEN 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
0.86
When analyzing the support we notice one important area.
- A support zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @0.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines 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 OGEN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OGEN is up. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | OGEN has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OGEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OGEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OGEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.67 | NEUTRAL | The RSI value for OGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests OGEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.12 | NEUTRAL | The Stochastics value for OGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 11.01 | HIGH VOLATILITY | The high ATR as a percentage value for OGEN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.37 | POSITIVE | The high ADX value value for OGEN suggests a strong trend. |
OGEN Technicals: Chart, Performance Metrics, Trend & Indicators
0.8844
-0.1 (-9.9%)
ORAGENICS INC / OGEN FAQ
What is the ChartMill technical rating of ORAGENICS INC (OGEN) stock?
ChartMill assigns a technical rating of 4 / 10 to OGEN.
Can you provide the trend direction for ORAGENICS INC?
The current trend direction for ORAGENICS INC (OGEN) is Bearish.
What is the RSI signal for OGEN stock?
ORAGENICS INC (OGEN) has an RSI value of 55.674. This indicates that the stock is currently neutral.
What is the buy/sell signal for OGEN stock?
The buy/sell signal for ORAGENICS INC (OGEN) is hold as the short term and long term trends are mixed.
What is the support and resistance level for OGEN stock?
ORAGENICS INC (OGEN) has a support level at 0.87 and a resistance level at 0.95. Check the full technical report for our detailed analysis of OGEN support and resistance levels.