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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Blue Ocean Acquisition Corp (NASDAQ:BOCN)

Countertrend Up (+85) - BOCN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_BOCN
Open High Low BOCN Price Change
11.25 11.24 11.24 11.24 +0.01
Entry Signal

MarketClub’s Trade Triangles for BOCN

long term up The long-term trend has been UP since Mar 8th, 2022 at 9.88

intermediate term up The intermediate-term trend has been UP since Dec 15th, 2023 at 10.74

short term up The short-term trend has been UP since May 17th, 2024 at 11.12

Smart Scan Analysis for BOCN

Based on our trend formula, BOCN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for BOCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.25 11.24 11.24 11.24 +0.01
Prev. Close Volume Bid Ask Time
11.24 112 2024-07-22 13:16:23
52wk High11.41552wk High Date2023-08-24
52wk Low10.6152wk Low Date2023-08-30
Average Volume895Shares Outstanding10,901
Assets68,468,775MLiabilities13,377,431M
P/E Ratio49.7345
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