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Stock Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Ocwen Financial Corporation NEW (NYSE:OCN)
Crossroads (+60) - OCN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCN.
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 OCN
The long-term trend has been DOWN since Mar 8th, 2024 at 25.020
The intermediate-term trend has been UP since Apr 29th, 2024 at 25.865
The short-term trend has been UP since May 3rd, 2024 at 25.899
Smart Scan Analysis for OCN
Based on our trend formula, OCN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 25.90 | 26.20 | 25.30 | 25.31 | -0.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 25.72 | 9284 | 2024-05-03 15:23:31 |
| Year High | 4.84 | Year High Date | 2018-05-07 |
| Year Low | 2.02 | Year Low Date | 2018-11-28 |
| 52wk High | 35.79 | 52wk High Date | 2023-08-03 |
| 52wk Low | 21.15 | 52wk Low Date | 2023-10-23 |
| Year End Close | 34.59 | Average Volume | 10,387 |
| Shares Outstanding | 7,810 | Short Interest | 2,364,939 |
| % Institutional | 77.9 | Market Cap | 258M |
| Assets | 125,137,000M | Liabilities | 121,119,000M |
| P/E Ratio | 9.4 | Beta | 0.59 |
| Volatility | 73.4 |