Technical Analysis for OCUL - Ocular Therapeutix, Inc.

Grade Last Price % Change Price Change
C 8.62 -1.82% -0.16
OCUL closed down 1.57 percent on Wednesday, November 20, 2024, on 64 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction -1.82%
NR7-2 Range Contraction -1.82%
Lower Bollinger Band Walk Weakness -1.82%
Wide Bands Range Expansion -1.82%
Lower Bollinger Band Touch Weakness -1.82%
Oversold Stochastic Weakness -1.82%
New Downtrend Bearish -3.36%
NR7 Range Contraction -3.36%
Lower Bollinger Band Walk Weakness -3.36%
Below Lower BB Weakness -3.36%

   Recent Intraday Alerts

Alert Time
Down 5% 27 minutes ago
Fell Below Lower Bollinger Band 27 minutes ago
Down 1 ATR 27 minutes ago
Down 3% about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago

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Profile

Ocular Therapeutix, Inc. Description

Ocular Therapeutix, Inc., a development stage biopharmaceutical company, focuses on the development and commercialization of therapies based on its proprietary hydrogel platform technology for treating eye diseases and conditions. The company offers ReSure Sealant, a topical liquid hydrogel that creates a sealant to prevent post-surgical leakage from clear corneal incisions made during cataract surgery Its lead product candidates comprise OTX-DP, which is in Phase III clinical trials for the treatment of post-surgical ocular inflammation and pain; and OTX-TP that is in Phase II clinical trials for the treatment of glaucoma and ocular hypertension. The company's earlier stage product candidates include OTX-DP, which is in Phase II clinical trials for the treatment of allergic conjunctivitis; OTX-MP that has completed Phase I clinical trials for the treatment of bacterial conjunctivitis; and Anti-VEGF hydrogel depot, which is in preclinical testing for the treatment of wet AMD. Ocular Therapeutix, Inc. sells its ReSure Sealant through a network of independent medical device distributors in the United States. The company was founded in 2006 and is headquartered in Bedford, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Pain Eye Inflammation Hypertension Clinical Trial Sealant Glaucoma Eye Diseases Platform Technology Cataracts Incision Treatment Of Glaucoma Allergic Conjunctivitis Cataract Surgery Cornea Allergology Incisions Ocular Hypertension Post Surgical Ocular Inflammation

Is OCUL 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 11.775
52 Week Low 2.145
Average Volume 1,244,613
200-Day Moving Average 8.08
50-Day Moving Average 9.90
20-Day Moving Average 10.40
10-Day Moving Average 9.95
Average True Range 0.56
RSI (14) 33.77
ADX 26.76
+DI 14.15
-DI 34.30
Chandelier Exit (Long, 3 ATRs) 10.09
Chandelier Exit (Short, 3 ATRs) 10.20
Upper Bollinger Bands 12.07
Lower Bollinger Band 8.73
Percent B (%b) 0.01
BandWidth 32.06
MACD Line -0.29
MACD Signal Line 0.01
MACD Histogram -0.3006
Fundamentals Value
Market Cap 1.01 Billion
Num Shares 115 Million
EPS -1.01
Price-to-Earnings (P/E) Ratio -8.69
Price-to-Sales 11.86
Price-to-Book 83.06
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.40
Resistance 3 (R3) 9.40 9.19 9.30
Resistance 2 (R2) 9.19 9.04 9.19 9.26
Resistance 1 (R1) 8.99 8.94 8.88 8.99 9.23
Pivot Point 8.78 8.78 8.73 8.78 8.78
Support 1 (S1) 8.57 8.62 8.47 8.57 8.33
Support 2 (S2) 8.36 8.52 8.36 8.30
Support 3 (S3) 8.16 8.36 8.26
Support 4 (S4) 8.16