OCEAN BIOMEDICAL INC (OCEA) Stock Technical Analysis
NASDAQ:OCEA - Nasdaq - US67644C1045 - Common Stock - Currency: USD
Taking everything into account, OCEA scores 0 out of 10 in our technical rating. OCEA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than OCEA.
OCEA is one of the lesser performing stocks in the Biotechnology industry. 92% of 571 stocks in the same industry do better.
OCEA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OCEA is lagging the market.
In the last month OCEA has a been trading in the 0.09 - 0.27 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.
OCEA has an average volume of 38346000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, OCEA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for OCEA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.10
0.10
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.37
Mansfield-9.28
10 Day High0.16
10 Day Low0.09
20 Day High0.27
20 Day Low0.09
52 Week High7.79
52 Week Low0.09
Performance
1 Week-21.01%
2 Weeks-32.93%
1 Month-47.23%
3 Month-85.71%
6 Month-91.15%
12 Month-95%
2 Year-98.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)25.84
LBB0.08
UBB0.19
0.1
0 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.6%
1 Week-21.01%
2 Weeks-32.93%
1 Month-47.23%
3 Month-85.71%
6 Month-91.15%
12 Month-95%
2 Year-98.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%36.59%
ATR Inc-69.85%
Range Today0.01
ADR(20)0.03
ADR(20)%33.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.37
Mansfield-9.28
10 Day High0.16
10 Day Low0.09
20 Day High0.27
20 Day Low0.09
52 Week High7.79
52 Week Low0.09
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.82%
DER(5)-3.39%
Volume30.99M
Volume Incr-71.69%
Vol(5)25.17M
Vol(50)38.35M