OCEANPAL INC. - 1H - Technical analysis published on 03/07/2022 (GMT)
- 235
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 0.940 USD
My targets
-
My analysis
The bullish trend is currently very strong on OCEANPAL INC.. As long as the price remains above the support at 0.940 USD, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.4
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
OCEANPAL INC. rating 1.160 USD. The price registered an increase of +85.60% on the session and was between 0.720 USD and 1.200 USD. This implies that the price is at +61.11% from its lowest and at -3.33% from its highest.0.720
1.200
1.160
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on OCEANPAL INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this OCEANPAL INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Long white line
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 0.436 | 0.518 | 0.570 | 1.160 |
| Change (%) | -62.41% | -55.34% | -50.86% | - |
| Change | -0.724 | -0.642 | -0.590 | - |
| Level | Minor | Intermediate | Intermediate | - |
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 | 0.380 | 0.455 | 0.540 | 0.615 | 0.700 | 0.775 | 0.860 |
| Camarilla | 0.581 | 0.596 | 0.610 | 0.625 | 0.640 | 0.654 | 0.669 |
| Woodie | 0.385 | 0.458 | 0.545 | 0.618 | 0.705 | 0.778 | 0.865 |
| Fibonacci | 0.455 | 0.516 | 0.554 | 0.615 | 0.676 | 0.714 | 0.775 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.280 | 0.375 | 0.500 | 0.595 | 0.720 | 0.815 | 0.940 |
| Camarilla | 0.565 | 0.585 | 0.605 | 0.625 | 0.645 | 0.665 | 0.686 |
| Woodie | 0.295 | 0.383 | 0.515 | 0.603 | 0.735 | 0.823 | 0.955 |
| Fibonacci | 0.375 | 0.459 | 0.511 | 0.595 | 0.679 | 0.731 | 0.815 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.210 | 0.301 | 0.386 | 0.477 | 0.562 | 0.653 | 0.738 |
| Camarilla | 0.424 | 0.440 | 0.456 | 0.472 | 0.488 | 0.504 | 0.520 |
| Woodie | 0.208 | 0.300 | 0.384 | 0.476 | 0.560 | 0.652 | 0.736 |
| Fibonacci | 0.301 | 0.368 | 0.409 | 0.477 | 0.544 | 0.585 | 0.653 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 89.38 | |
| MACD (12,26,9): | 0.1020 | |
| Directional Movement: | 51.221 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 0.774 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.651 | |
| Elder Ray (13): | 0.230 | |
| Super Trend (3,10): | 0.727 | |
| Zig ZAG (10): | 0.926 | |
| VORTEX (21): | 1.2010 | |
| Stochastique (14,3,5): | 72.02 | |
| TEMA (21): | 0.849 | |
| Williams %R (14): | -32.50 | |
| Chande Momentum Oscillator (20): | 0.461 | |
| Repulse (5,40,3): | 1.3580 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 1.3700 | |
| Courbe Coppock: | 118.86 |
| MA7: | 0.581 | |
| MA20: | 0.510 | |
| MA50: | 1.060 | |
| MA100: | - | |
| MAexp7: | 0.807 | |
| MAexp20: | 0.632 | |
| MAexp50: | 0.555 | |
| MAexp100: | 0.544 | |
| Price / MA7: | +99.66% | |
| Price / MA20: | +127.45% | |
| Price / MA50: | +9.43% | |
| Price / MA100: | - | |
| Price / MAexp7: | +43.74% | |
| Price / MAexp20: | +83.54% | |
| Price / MAexp50: | +109.01% | |
| Price / MAexp100: | +113.24% |
Quotes :
-
15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on OCEANPAL INC. at the time of the analysis were as follows:
- OceanPal Inc. Announces Time Charter Contract for m/v Calipso
- OceanPal Inc. Announces Date for Its 2022 Annual Meeting of Shareholders
- Oceanpal Inc. Announces Cancellation of Time Charter Contract and New Short Term Contract for M/V Calipso
- OceanPal Inc. Announces Time Charter Contract for m/v Calipso
- OceanPal Inc. Announces Pricing of Approximately US$12.5 Million Underwritten Public Offering
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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