OCUGEN INC. - Weekly - Technical analysis published on 01/25/2021 (GMT)
- 270
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Neutral between 1.72 USD and 3.16 USD
My targets
-
My analysis
The basic trend is slightly bearish and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 3.16 USD. The first support is located at 1.72 USD. Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend. A bearish break in the support would be welcome to boost the slightly bearish basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by OCUGEN INC..
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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Additional analysis
Quotes
The OCUGEN INC. price is 2.08 USD. Over 5 days, this instrument lost -6.31% with the lowest point at 2.13 USD and the highest point at 2.34 USD. The deviation from the price is -2.35% for the low point and -11.11% for the high point.2.13
2.34
2.08
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by OCUGEN INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of OCUGEN INC. in Weekly shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this overall trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.40 | 2.08 | 18.60 | 102.40 | 139.80 |
| Change (%) | -80.77% | - | +794.23% | +4,823.08% | +6,621.15% |
| Change | -1.68 | - | +16.52 | +100.32 | +137.72 |
| Level | Major | - | Minor | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.05 | 2.11 | 2.14 | 2.20 | 2.23 | 2.29 | 2.32 |
| Camarilla | 2.16 | 2.16 | 2.17 | 2.18 | 2.19 | 2.20 | 2.21 |
| Woodie | 2.05 | 2.10 | 2.14 | 2.19 | 2.23 | 2.28 | 2.32 |
| Fibonacci | 2.11 | 2.14 | 2.16 | 2.20 | 2.23 | 2.25 | 2.29 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.74 | 1.93 | 2.06 | 2.25 | 2.38 | 2.57 | 2.70 |
| Camarilla | 2.09 | 2.12 | 2.15 | 2.18 | 2.21 | 2.24 | 2.27 |
| Woodie | 1.70 | 1.92 | 2.02 | 2.24 | 2.34 | 2.56 | 2.66 |
| Fibonacci | 1.93 | 2.06 | 2.13 | 2.25 | 2.38 | 2.45 | 2.57 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -2.37 | -1.04 | 0.39 | 1.72 | 3.16 | 4.49 | 5.92 |
| Camarilla | 1.07 | 1.32 | 1.58 | 1.83 | 2.08 | 2.34 | 2.59 |
| Woodie | -2.32 | -1.02 | 0.45 | 1.75 | 3.21 | 4.51 | 5.98 |
| Fibonacci | -1.04 | 0.01 | 0.67 | 1.72 | 2.78 | 3.43 | 4.49 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 68.94 | |
| MACD (12,26,9): | 0.4100 | |
| Directional Movement: | 37.58 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 1.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.66 | |
| Elder Ray (13): | 0.66 | |
| Super Trend (3,10): | 1.41 | |
| Zig ZAG (10): | 2.05 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 58.56 | |
| TEMA (21): | 2.24 | |
| Williams %R (14): | -44.25 | |
| Chande Momentum Oscillator (20): | 1.79 | |
| Repulse (5,40,3): | -30.2500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 6.2300 | |
| Courbe Coppock: | 960.90 |
| MA7: | 2.21 | |
| MA20: | 2.33 | |
| MA50: | 1.17 | |
| MA100: | 0.74 | |
| MAexp7: | 1.83 | |
| MAexp20: | 1.15 | |
| MAexp50: | 2.41 | |
| MAexp100: | 14.25 | |
| Price / MA7: | -5.88% | |
| Price / MA20: | -10.73% | |
| Price / MA50: | +77.78% | |
| Price / MA100: | +181.08% | |
| Price / MAexp7: | +13.66% | |
| Price / MAexp20: | +80.87% | |
| Price / MAexp50: | -13.69% | |
| Price / MAexp100: | -85.40% |
Quotes :
2021-01-25 20:59:59
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on OCUGEN INC. at the time of the analysis were as follows:
- Ocugen Inc. Announces the Cancellation of Stockholder Meeting Previously Adjourned to 11:00 a.m. Eastern Time on January 13, 2021
- Ocugen Inc. Regains Compliance with Nasdaq Bid Price Rule
- Ocugen Inc. to Present at CTIC, HC Wainwright and Noble Capital Investor Conferences
- Ocugen Establishes Vaccine Scientific Advisory Board
- Ocugen Inc. Announces Plan to Adjourn Annual Meeting of Stockholders, Modify Proposal Regarding Increase in Number of Authorized Shares
This member declared not having a position on this financial instrument or a related financial instrument.
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