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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
OCEANAGOLD CORP (NASDAQ:OCANF)
Sidelines Mode (-55) - OCANF 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 OCANF?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCANF.
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 OCANF
The long-term trend has been UP since Feb 1st, 2024 at 2.090
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 2.165
The short-term trend has been UP since May 8th, 2024 at 2.270
Smart Scan Analysis for OCANF
Based on our trend formula, OCANF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.330 | 2.330 | 2.220 | 2.250 | +0.035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.250 | 14084 | 2024-05-08 15:59:00 |
| Year High | 3.2006 | Year High Date | 2018-08-02 |
| Year Low | 2.35 | Year Low Date | 2018-02-09 |
| 52wk High | 2.57 | 52wk High Date | 2023-05-10 |
| 52wk Low | 1.53 | 52wk Low Date | 2023-11-16 |
| Year End Close | 2.839 | Average Volume | 73,809 |
| Shares Outstanding | 262,180 | Assets | 243,060,000M |
| Liabilities | 727,300,000M | P/E Ratio | 9.5 |
| Volatility | 26 |