Technical Analysis for OCEA - Ocean Biomedical, Inc.

Grade Last Price % Change Price Change
F 1.34 6.77% 0.09
OCEA closed up 6.77 percent on Friday, April 26, 2024, on 3 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Wide Bands Range Expansion 6.77%
Down 3 Days in a Row Weakness 6.77%
Down 4 Days in a Row Weakness 6.77%
Down 5 Days in a Row Weakness 6.77%
Oversold Stochastic Weakness 6.77%
NR7 Range Contraction -5.30%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 13 hours ago
60 Minute Opening Range Breakout about 17 hours ago
Up 10% about 17 hours ago
Up 5% about 18 hours ago
Up 3% about 18 hours ago

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Profile

Ocean Biomedical, Inc. is a Providence, Rhode Island-based biopharma company with an innovative business model that accelerates the development and commercialization of scientifically compelling assets from research universities and medical centers. Ocean Biomedical deploys the funding and expertise to move new therapeutic candidates efficiently from the laboratory to the clinic, to the world. Ocean Biomedical is currently developing five promising discoveries that have the potential to achieve life-changing outcomes in lung cancer, brain cancer, pulmonary fibrosis, and the prevention and treatment of malaria. The Ocean Biomedical team is working on solving some of the world’s toughest problems, for the people who need it most.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Lung Cancer Pulmonary Fibrosis Malaria Brain Cancer Treatment Of Malaria

Is OCEA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 12.0301
52 Week Low 0.52
Average Volume 8,510,244
200-Day Moving Average 2.47
50-Day Moving Average 2.79
20-Day Moving Average 2.15
10-Day Moving Average 1.61
Average True Range 0.35
RSI (14) 29.08
ADX 26.48
+DI 15.71
-DI 30.85
Chandelier Exit (Long, 3 ATRs) 3.33
Chandelier Exit (Short, 3 ATRs) 2.29
Upper Bollinger Bands 3.43
Lower Bollinger Band 0.88
Percent B (%b) 0.18
BandWidth 118.24
MACD Line -0.49
MACD Signal Line -0.39
MACD Histogram -0.0972
Fundamentals Value
Market Cap 45.68 Million
Num Shares 34.1 Million
EPS -2.55
Price-to-Earnings (P/E) Ratio -0.53
Price-to-Sales 0.00
Price-to-Book 100.67
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.59
Resistance 3 (R3) 1.59 1.51 1.55
Resistance 2 (R2) 1.51 1.45 1.51 1.53
Resistance 1 (R1) 1.42 1.41 1.47 1.42 1.52
Pivot Point 1.34 1.34 1.36 1.34 1.34
Support 1 (S1) 1.26 1.28 1.30 1.26 1.16
Support 2 (S2) 1.18 1.24 1.17 1.15
Support 3 (S3) 1.09 1.18 1.13
Support 4 (S4) 1.09