Technical Analysis for OCN - Ocwen Financial Corporation

Grade Last Price % Change Price Change
D 24.16 -3.48% -0.87
OCN closed down 3.48 percent on Monday, April 19, 2021, on 52 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: May 6
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical OCN trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -3.48%
Stochastic Reached Oversold Weakness -3.48%
Older End-of-Day Signals for OCN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below Previous Day's Low about 14 hours ago
Down 3% about 15 hours ago
60 Minute Opening Range Breakdown about 17 hours ago
Up 2% about 17 hours ago
Rose Above Lower Bollinger Band about 18 hours ago
View Earlier Intraday Alerts

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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: Loans 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 32.51
52 Week Low 5.295
Average Volume 59,033
200-Day Moving Average 23.85
50-Day Moving Average 27.90
20-Day Moving Average 27.14
10-Day Moving Average 26.70
Average True Range 1.45
ADX 15.47
+DI 11.89
-DI 26.41
Chandelier Exit (Long, 3 ATRs ) 25.16
Chandelier Exit (Short, 3 ATRs ) 28.17
Upper Bollinger Band 29.53
Lower Bollinger Band 24.75
Percent B (%b) -0.12
BandWidth 17.64
MACD Line -0.67
MACD Signal Line -0.29
MACD Histogram -0.3841
Fundamentals Value
Market Cap 209.81 Million
Num Shares 8.68 Million
EPS 0.17
Price-to-Earnings (P/E) Ratio 144.67
Price-to-Sales 0.21
Price-to-Book 0.48
PEG Ratio -1.40
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.61
Resistance 3 (R3) 26.77 26.12 26.20
Resistance 2 (R2) 26.12 25.49 26.04 26.07
Resistance 1 (R1) 25.14 25.11 24.81 24.98 25.93
Pivot Point 24.48 24.48 24.32 24.40 24.48
Support 1 (S1) 23.50 23.86 23.18 23.34 22.39
Support 2 (S2) 22.85 23.47 22.77 22.25
Support 3 (S3) 21.87 22.85 22.12
Support 4 (S4) 21.71