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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Ocean Biomedical, Inc. (NASDAQ:OCEA)

Weak Downtrend (-65) - OCEA is showing signs of a strengthening downtrend. Monitor OCEA as it may be building momentum to the downside.

Is it time to buy, sell, or avoid OCEA?

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

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

NASDAQ_OCEA
Open High Low OCEA Price Change
1.420 1.450 1.300 1.305 -0.110
Entry Signal

MarketClub’s Trade Triangles for OCEA

long term up The long-term trend has been UP since Feb 23rd, 2024 at 1.7900

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 3.5300

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 1.6601

Smart Scan Analysis for OCEA

Based on our trend formula, OCEA is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OCEA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.420 1.450 1.300 1.305 -0.110
Prev. Close Volume Bid Ask Time
1.415 84129 2024-04-25 13:06:46
52wk High12.0852wk High Date2023-05-23
52wk Low0.5252wk Low Date2024-02-07
Average Volume335,446Shares Outstanding68,086
Assets20,921,000MLiabilities29,322,000M
P/E Ratio-24.62230000
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