OCEANFIRST FINANCIAL CORP (OCFC) Stock Technical Analysis
NASDAQ:OCFC - Nasdaq - US6752341080 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to OCFC. OCFC 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.
OCFC is part of the Banks industry. There are 405 other stocks in this industry, of which 71% are performing better than OCFC.
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, OCFC turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
OCFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so OCFC is lagging the market.
In the last month OCFC has a been trading in the 17.01 - 19.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, OCFC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.66, a Stop Loss order could be placed below this zone.
More info and screens
16.50
19.34
We found 2 important support areas.
- A support zone ranging from 17.09 to 17.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.89 to 18.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.81 from a horizontal line in the weekly time frame.
- Resistance @19.15 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
CRS45.54
Mansfield-0.38
10 Day High18.72
10 Day Low17.66
20 Day High19.21
20 Day Low17.01
52 Week High21.87
52 Week Low14.03
Performance
1 Week-2.16%
2 Weeks-2.8%
1 Month-7.57%
3 Month-15.23%
6 Month-0.56%
12 Month16.07%
2 Year-25.38%
3 Year-20.91%
5 Year-13.41%
10 Year8.32%
15 Year73.19%
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)41.75
LBB17.35
UBB18.71
17.7
-0.32 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.78%
1 Week-2.16%
2 Weeks-2.8%
1 Month-7.57%
3 Month-15.23%
6 Month-0.56%
12 Month16.07%
2 Year-25.38%
3 Year-20.91%
5 Year-13.41%
10 Year8.32%
15 Year73.19%
Volatility
ATR(14)0.54
ATR(20)%3.14%
ATR Inc-10.54%
Range Today0.59
ADR(20)0.52
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.54
Mansfield-0.38
10 Day High18.72
10 Day Low17.66
20 Day High19.21
20 Day Low17.01
52 Week High21.87
52 Week Low14.03
CS1 End17.66
CR1 Start17.89
Volume & EV
DER(3)-6%
DER(5)-2.75%
Volume254.70K
Volume Incr-48.19%
Vol(5)186.40K
Vol(50)322.27K