ONECONNECT FINANCIAL TECHNO (OCFT) Stock Technical Analysis
NYSE:OCFT - New York Stock Exchange, Inc. - US68248T2042 - ADR - Currency: USD
Taking everything into account, OCFT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, OCFT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that OCFT is one of the better performing stocks in the market, outperforming 95% of all stocks.
OCFT is one of the better performing stocks in the Software industry, it outperforms 90% of 283 stocks in the same industry.
OCFT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so OCFT is performing more or less in line with the market.
In the last month OCFT has a been trading in the 2.80 - 4.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although OCFT has an excellent technical rating, it does not present a decent entry opportunity 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
2.78
4.37
We found 2 important support areas.
- A support zone ranging from 3.69 to 3.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.81 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.01 from a horizontal line in the weekly time frame.
- Resistance @4.33 from a trend 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
CRS95.84
Mansfield5.5
10 Day High4.5
10 Day Low2.82
20 Day High4.5
20 Day Low2.8
52 Week High4.98
52 Week Low0.87
Performance
1 Week-0.33%
2 Weeks23.67%
1 Month33.01%
3 Month60.42%
6 Month175.93%
12 Month71.99%
2 Year-46.56%
3 Year-76.6%
5 Year-96.59%
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)0.07
RSI(14)57.89
LBB2.4
UBB4.46
NYSE:OCFT (2/24/2025, 2:51:05 PM)
3.99
+0.29 (+7.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg7.84%
1 Week-0.33%
2 Weeks23.67%
1 Month33.01%
3 Month60.42%
6 Month175.93%
12 Month71.99%
2 Year-46.56%
3 Year-76.6%
5 Year-96.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%9.64%
ATR Inc-11.8%
Range Today0.38
ADR(20)0.33
ADR(20)%8.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.84
Mansfield5.5
10 Day High4.5
10 Day Low2.82
20 Day High4.5
20 Day Low2.8
52 Week High4.98
52 Week Low0.87
CS1 End2.81
CR1 Start4.01
Volume & EV
DER(3)-11.66%
DER(5)-10.39%
Volume25.95K
Volume Incr87.31%
Vol(5)76.76K
Vol(50)37.16K