Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Ocean Biomedical, Inc. (NASDAQ:OCEA)
Strong Downtrend (-100) - OCEA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OCEA continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 29th, 2024 at 0.9110
The short-term trend has been DOWN since Dec 20th, 2024 at 0.5681
Smart Scan Analysis for OCEA
Based on our trend formula, OCEA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5800 | 0.5899 | 0.5601 | 0.5602 | -0.0298 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5900 | 58186 | 2024-12-26 09:48:36 |
| 52wk High | 7.79 | 52wk High Date | 2024-03-05 |
| 52wk Low | 0.4603 | 52wk Low Date | 2024-12-20 |
| Average Volume | 520,086 | Shares Outstanding | 69,687 |
| Assets | 1,851,000M | Liabilities | 94,594,000M |
| P/E Ratio | -24.62230000 |