OCEANFIRST FINANCIAL CORP (OCFC) Stock Technical Analysis
NASDAQ:OCFC - Nasdaq - US6752341080 - Common Stock - Currency: USD
We assign a technical rating of 1 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.
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.
OCFC is one of the lesser performing stocks in the Banks industry. 74% of 398 stocks in the same industry do better.
OCFC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When compared to the yearly performance of all other stocks, OCFC outperforms 50% of them, which is more or less in line with the market.
In the last month OCFC has a been trading in the 14.29 - 17.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, OCFC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.51. Right above this resistance zone may be a good entry point.
More info and screens
14.61
19.00
When analyzing the support we notice one important area.
- A support zone ranging from 14.76 to 14.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.51 to 16.83. 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.51
Mansfield-0.16
10 Day High16.93
10 Day Low14.37
20 Day High17.33
20 Day Low14.29
52 Week High21.87
52 Week Low14.03
Performance
1 Week5.23%
2 Weeks4.96%
1 Month-3.51%
3 Month-12.28%
6 Month-6.67%
12 Month7.35%
2 Year3.13%
3 Year-11.91%
5 Year-2.08%
10 Year-1.67%
15 Year28.3%
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)0.18
RSI(14)54.23
LBB14.43
UBB16.62
16.5
+0.15 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.92%
1 Week5.23%
2 Weeks4.96%
1 Month-3.51%
3 Month-12.28%
6 Month-6.67%
12 Month7.35%
2 Year3.13%
3 Year-11.91%
5 Year-2.08%
10 Year-1.67%
15 Year28.3%
Volatility
ATR(14)0.78
ATR(20)%4.39%
ATR Inc-35.29%
Range Today0.39
ADR(20)0.71
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.51
Mansfield-0.16
10 Day High16.93
10 Day Low14.37
20 Day High17.33
20 Day Low14.29
52 Week High21.87
52 Week Low14.03
CS1 End14.76
CR1 Start16.51
Volume & EV
DER(3)-1.62%
DER(5)-2%
Volume328.29K
Volume Incr-13.93%
Vol(5)287.34K
Vol(50)293.54K