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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ocuphire Pharma, Inc. (NASDAQ:OCUP)

Sidelines Mode (+55) - OCUP 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 OCUP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OCUP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OCUP
Open High Low OCUP Price Change
1.9500 1.9500 1.8304 1.9300 +0.1000
Entry Signal

MarketClub’s Trade Triangles for OCUP

long term down The long-term trend has been DOWN since Sep 28th, 2023 at 3.60

intermediate term up The intermediate-term trend has been UP since May 2nd, 2024 at 1.93

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.86

Smart Scan Analysis for OCUP

Based on our trend formula, OCUP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OCUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9500 1.9500 1.8304 1.9300 +0.1000
Prev. Close Volume Bid Ask Time
1.8300 80756 2024-05-09 11:55:31
52wk High6.652wk High Date2023-05-11
52wk Low1.552wk Low Date2024-04-25
Average Volume214,870Shares Outstanding24,813
Assets53,948,000MLiabilities4,042,000M
P/E Ratio1.507
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