OCEAN BIOMEDICAL INC (OCEA)
US67644C1045 - Common Stock
We assign a technical rating of 0 out of 10 to OCEA. OCEA'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OCEA is a bad performer in the overall market: 75% of all stocks are doing better.
OCEA is currently making a new 52 week low. This is a very bad signal. 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 0.46 - 0.76 range, which is quite wide. It is currently trading near the lows of this range.
OCEA is part of the Biotechnology industry. There are 568 other stocks in this industry, OCEA did better than 61% of them.
Volume is considerably higher in the last couple of days.
The technical rating of OCEA 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
0.66
1.11
We can see 4 important resistance areas.
- Resistance @0.73 from a horizontal line in the daily time frame.
- Resistance @0.77 from a trend line in the daily time frame.
- A resistance zone ranging from 0.79 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.76
Mansfield-5.61
10 Day High0.72
10 Day Low0.46
20 Day High0.76
20 Day Low0.46
52 Week High7.79
52 Week Low0.46
Performance
1 Week-1.76%
2 Weeks-4.34%
1 Month-6.85%
3 Month-28.59%
6 Month-48.52%
12 Month10.68%
2 YearN/A
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
RSI(14)45.16
LBB0.58
UBB0.74
OCEAN BIOMEDICAL INC
NASDAQ:OCEA (12/20/2024, 8:00:01 PM)
After market: 0.6131 -0.05 (-7.68%)0.6641
+0.08 (+12.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.75%
1 Week-1.76%
2 Weeks-4.34%
1 Month-6.85%
3 Month-28.59%
6 Month-48.52%
12 Month10.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.56%
ATR Inc207.12%
Range Today0.26
ADR(20)0.06
ADR(20)%8.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.76
Mansfield-5.61
10 Day High0.72
10 Day Low0.46
20 Day High0.76
20 Day Low0.46
52 Week High7.79
52 Week Low0.46
CS1 EndN/A
CR1 Start0.73
Volume & EV
DER(3)-6.38%
DER(5)-3.99%
Volume9.15M
Volume Incr4330.71%
Vol(5)1.88M
Vol(50)240.57K