Technical Analysis for OCN - Ocwen Financial Corporation

Grade Last Price % Change Price Change
F 23.45 1.69% 0.39
OCN closed up 1.69 percent on Friday, April 19, 2024, on 64 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.
Earnings due: May 2
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup 1.69%
Outside Day Range Expansion 1.69%
Oversold Stochastic Weakness 1.69%
Lower Bollinger Band Walk Weakness 3.12%
Inside Day Range Contraction 3.12%
Down 3 Days in a Row Weakness 3.12%
Down 4 Days in a Row Weakness 3.12%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 8 hours ago
Gap Down Closed about 10 hours ago
Reversed from Down about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
Up 1% about 10 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Ocwen Financial Corporation, through its subsidiaries, engages in the servicing and origination of mortgage loans in the United States and internationally. The company's Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset management services to owners of mortgage loans and foreclosed real estate. This segment primarily offers services for subprime residential loans. Its Lending segment is involved in the origination, packaging, and sale of agency mortgage loans into the secondary market. Ocwen Financial Corporation was founded in 1988 and is headquartered in Atlanta, Georgia.
Classification

Sector: Financial Services
Industry: Specialty Finance
Keywords: Loan Mortgage Loan Asset Management Services Loan Servicing

Is OCN 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 35.79
52 Week Low 21.15
Average Volume 11,036
200-Day Moving Average 27.48
50-Day Moving Average 25.81
20-Day Moving Average 24.93
10-Day Moving Average 23.82
Average True Range 0.91
RSI (14) 38.27
ADX 29.03
+DI 13.59
-DI 30.01
Chandelier Exit (Long, 3 ATRs) 24.58
Chandelier Exit (Short, 3 ATRs) 25.26
Upper Bollinger Bands 27.66
Lower Bollinger Band 22.19
Percent B (%b) 0.23
BandWidth 21.96
MACD Line -0.80
MACD Signal Line -0.63
MACD Histogram -0.1714
Fundamentals Value
Market Cap 180.03 Million
Num Shares 7.68 Million
EPS -10.87
Price-to-Earnings (P/E) Ratio -2.16
Price-to-Sales 0.22
Price-to-Book 0.51
PEG Ratio -1.40
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.55
Resistance 3 (R3) 24.42 23.94 24.36
Resistance 2 (R2) 23.94 23.66 24.00 24.30
Resistance 1 (R1) 23.69 23.49 23.82 23.82 24.24
Pivot Point 23.21 23.21 23.27 23.27 23.21
Support 1 (S1) 22.96 22.93 23.09 23.09 22.66
Support 2 (S2) 22.48 22.76 22.54 22.60
Support 3 (S3) 22.23 22.48 22.54
Support 4 (S4) 22.36