Technical Analysis for OCFT - OneConnect Financial Technology Co., Ltd.

Grade Last Price % Change Price Change
grade D 20.17 -3.21% -0.67
OCFT closed down 3.21 percent on Monday, August 10, 2020, on 1.28 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical OCFT trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
New Downtrend Bearish 0.00%
Multiple of Ten Bullish Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 20 DMA Bearish -3.21%
Below Lower BB Weakness -3.21%
Lower Bollinger Band Touch Weakness -3.21%
20 DMA Support Bullish -18.54%

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Profile

OneConnect Financial Technology Co., Ltd. operates as a technology-as-a-service platform for financial institutions in the People's Republic of China. The company provides cloud-platform-based Fintech solutions, and online information and operating support services. It offers digital retail banking, small and medium enterprises SME financing and services, retail banking risk-management, SME banking risk management, auto insurance operations and services, asset management, asset-liability management, artificial intelligence customer service, core systems, and insurance sales management solutions. The company also operates Gamma O, an open API platform-as-a-service for reusable financial technology components and integrations; and Blockchain network-as-a-service. In addition, it provides technology infrastructure, such as data management and cloud services. The company serves customers in the financial services industry, including banking, insurance, and asset management. OneConnect Financial Technology Co., Ltd. was founded in 2015 and is headquartered in Shenzhen, China. OneConnect Financial Technology Co., Ltd. operates as a subsidiary of Ping An Insurance Group Company of China, Ltd.
Banking Asset Management Artificial Intelligence Risk Management UBS Financial Technology Data Management Cloud Services Technology Infrastructure Online Information Ping An Insurance

Is OCFT 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 28.8
52 Week Low 9.02
Average Volume 655,305
200-Day Moving Average 0.00
50-Day Moving Average 20.27
20-Day Moving Average 23.53
10-Day Moving Average 23.17
Average True Range 1.98
ADX 34.4
+DI 25.91
-DI 27.95
Chandelier Exit (Long, 3 ATRs ) 22.88
Chandelier Exit (Short, 3 ATRs ) 25.57
Upper Bollinger Band 26.57
Lower Bollinger Band 20.50
Percent B (%b) -0.05
BandWidth 25.79
MACD Line 0.55
MACD Signal Line 1.12
MACD Histogram -0.5708
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.02
Resistance 3 (R3) 23.16 22.35 22.55
Resistance 2 (R2) 22.35 21.62 22.28 22.39
Resistance 1 (R1) 21.26 21.18 20.86 21.12 22.23
Pivot Point 20.45 20.45 20.25 20.38 20.45
Support 1 (S1) 19.36 19.72 18.96 19.22 18.11
Support 2 (S2) 18.55 19.28 18.48 17.95
Support 3 (S3) 17.46 18.55 17.80
Support 4 (S4) 17.32