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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Blue Ocean Acquisition Corp (NASDAQ:BOCN)
Sidelines Mode (+55) - BOCN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BOCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for BOCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BOCN
The long-term trend has been UP since Mar 8th, 2022 at 9.88
The intermediate-term trend has been UP since Dec 15th, 2023 at 10.74
The short-term trend has been DOWN since May 6th, 2024 at 11.12
Smart Scan Analysis for BOCN
Based on our trend formula, BOCN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.11 | 11.11 | 11.10 | 11.10 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.10 | 13621 | 2024-05-08 15:48:38 |
| 52wk High | 11.415 | 52wk High Date | 2023-08-24 |
| 52wk Low | 10.48 | 52wk Low Date | 2023-05-16 |
| Average Volume | 76,270 | Shares Outstanding | 10,901 |
| Assets | 67,342,936M | Liabilities | 12,155,316M |
| P/E Ratio | 49.115 |