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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Ocean Biomedical, Inc. (NASDAQ:OCEA)
Crossroads (+60) - OCEA 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 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.
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MarketClub’s Trade Triangles for OCEA
The long-term trend has been DOWN since Jun 20th, 2024 at 1.2501
The intermediate-term trend has been UP since Jul 26th, 2024 at 1.3000
The short-term trend has been UP since Jul 26th, 2024 at 1.1800
Smart Scan Analysis for OCEA
Based on our trend formula, OCEA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.18 | 1.45 | 1.18 | 1.28 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.12 | 583260 | 2024-07-26 15:59:50 |
| 52wk High | 7.79 | 52wk High Date | 2024-03-05 |
| 52wk Low | 0.52 | 52wk Low Date | 2024-02-07 |
| Average Volume | 139,207 | Shares Outstanding | 68,086 |
| Assets | 20,921,000M | Liabilities | 29,322,000M |
| P/E Ratio | -24.62230000 |