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Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

Ocean Biomedical, Inc. (NASDAQ:OCEA)

Sidelines Mode (-55) - OCEA 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 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
4.2500 4.3500 4.1101 4.2600 +0.0100
Entry Signal

MarketClub’s Trade Triangles for OCEA

long term down The long-term trend has been DOWN since Jul 27th, 2023 at 4.50

intermediate term down The intermediate-term trend has been DOWN since Sep 15th, 2023 at 4.06

short term up The short-term trend has been UP since Sep 26th, 2023 at 4.16

Smart Scan Analysis for OCEA

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

-55
Smart Scan Analysis for OCEA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2500 4.3500 4.1101 4.2600 +0.0100
Prev. Close Volume Bid Ask Time
4.2700 34577 2023-09-28 15:59:37
52wk High26.601552wk High Date2023-02-23
52wk Low3.0652wk Low Date2023-02-22
Average Volume76,834Shares Outstanding68,086
Assets20,921,000MLiabilities29,322,000M
P/E Ratio-24.62230000
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