Technical Analysis for OCUP - Ocuphire Pharma, Inc.

Grade Last Price % Change Price Change
F 1.60 -4.19% -0.07
OCUP closed down 4.02 percent on Thursday, April 18, 2024, on approximately normal volume. The bears made the stock sink to a new 52-week low. 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 Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -4.19%
New 52 Week Low Weakness -4.19%
Outside Day Range Expansion -4.19%
Wide Bands Range Expansion -4.19%
Oversold Stochastic Weakness -4.19%
NR7 Range Contraction -8.04%
Narrow Range Bar Range Contraction -8.04%
Inside Day Range Contraction -8.04%
Oversold Stochastic Weakness -8.04%
New 52 Week Closing Low Bearish -8.04%

   Recent Intraday Alerts

Alert Time
Down 3% 5 minutes ago
Down 2 % 5 minutes ago
60 Minute Opening Range Breakdown 41 minutes ago
Down 1% 41 minutes ago
Fell Below Previous Day's Low about 4 hours ago

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Profile

Ocuphire Pharma, Inc. Description

Ocuphire is a clinical-stage ophthalmic biopharmaceutical company focused on developing and commercializing therapies for the treatment of several eye disorders. Ocuphire’s pipeline currently includes two small-molecule product candidates targeting front and back of the eye indications. The company’s lead product candidate, Nyxol® Eye Drops, is a once-daily preservative-free eye drop formulation of phentolamine mesylate, a non-selective alpha-1 and alpha-2 adrenergic antagonist designed to reduce pupil size, and is being developed for several indications, including dim light or night vision disturbances, pharmacologically-induced mydriasis, and presbyopia. Ocuphire’s second product candidate, APX3330, is a twice-a-day oral tablet, designed to inhibit angiogenesis and inflammation pathways relevant to retinal and choroidal vascular diseases, such as diabetic retinopathy and diabetic macular edema. As part of its strategy, Ocuphire will continue to explore opportunities to acquire additional ophthalmic assets and to seek strategic partners for late stage development, regulatory preparation, and commercialization of drugs in key global markets.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Organ Systems Diabetes Eye Inflammation Ophthalmology Ophthalmic Vascular Disease Vision Diabetic Retinopathy Macular Edema Retina Diabetic Macular Edema Blindness Retinopathy Molecule Product Angiogenesis Night Vision Presbyopia

Is OCUP 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 6.6
52 Week Low 1.67
Average Volume 234,629
200-Day Moving Average 3.08
50-Day Moving Average 2.19
20-Day Moving Average 1.92
10-Day Moving Average 1.80
Average True Range 0.12
RSI (14) 31.97
ADX 32.24
+DI 11.89
-DI 28.66
Chandelier Exit (Long, 3 ATRs) 1.97
Chandelier Exit (Short, 3 ATRs) 2.04
Upper Bollinger Bands 2.21
Lower Bollinger Band 1.63
Percent B (%b) 0.08
BandWidth 30.58
MACD Line -0.13
MACD Signal Line -0.12
MACD Histogram -0.0073
Fundamentals Value
Market Cap 40.18 Million
Num Shares 24.1 Million
EPS 1.44
Price-to-Earnings (P/E) Ratio 1.16
Price-to-Sales 1.14
Price-to-Book 1.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.84
Resistance 3 (R3) 1.85 1.82 1.81
Resistance 2 (R2) 1.82 1.77 1.81 1.80
Resistance 1 (R1) 1.74 1.75 1.73 1.73 1.79
Pivot Point 1.71 1.71 1.70 1.70 1.71
Support 1 (S1) 1.63 1.66 1.62 1.62 1.55
Support 2 (S2) 1.60 1.64 1.59 1.54
Support 3 (S3) 1.52 1.60 1.53
Support 4 (S4) 1.51