ONECONNECT FINANCIAL TECHNO (OCFT)

US68248T2042 - ADR

2.87  +0.48 (+20.08%)

After market: 2.78 -0.09 (-3.14%)

Technical Rating and Analysis

6

Overall OCFT gets a technical rating of 6 out of 10. OCFT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

OCFT is part of the Software industry. There are 279 other stocks in this industry. OCFT outperforms 83% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that OCFT is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
OCFT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OCFT is lagging the market slightly.
In the last month OCFT has a been trading in the 2.21 - 3.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OCFT Weekly chart
OCFT Daily chart
Setup Rating and Analysis

5

OCFT has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

2.40

3.11

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 2.47 to 2.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.42 to 2.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @2.88 from a horizontal line in the daily time frame.
  • Resistance @3.03 from a trend line in the weekly time frame.
  • Resistance @3.08 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.16
Mansfield2.09
10 Day High3.03
10 Day Low2.24
20 Day High3.03
20 Day Low2.21
52 Week High4.98
52 Week Low0.87
Performance
1 Week12.11%
2 Weeks16.18%
1 Month29.28%
3 Month111.03%
6 Month52.66%
12 Month-3.37%
2 Year-45.95%
3 Year-88.38%
5 Year-97.14%
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)58.89
LBB2.27
UBB2.87
OCFT Daily chart

ONECONNECT FINANCIAL TECHNO

NYSE:OCFT (12/20/2024, 8:04:00 PM)

After market: 2.78 -0.09 (-3.14%)

2.87

+0.48 (+20.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg20.08%
1 Week12.11%
2 Weeks16.18%
1 Month29.28%
3 Month111.03%
6 Month52.66%
12 Month-3.37%
2 Year-45.95%
3 Year-88.38%
5 Year-97.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%8.29%
ATR Inc52.1%
Range Today0.58
ADR(20)0.21
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.16
Mansfield2.09
10 Day High3.03
10 Day Low2.24
20 Day High3.03
20 Day Low2.21
52 Week High4.98
52 Week Low0.87
CS1 End2.53
CR1 Start2.88
Volume & EV
DER(3)1.27%
DER(5)-5.49%
Volume40.20K
Volume Incr35.17%
Vol(5)38.60K
Vol(50)46.48K