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Stock Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
Ocean Biomedical, Inc. - Warrants (NASDAQ:OCEAW)
Sidelines Mode (-55) - OCEAW 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 OCEAW?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCEAW.
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 OCEAW
The long-term trend has been UP since Aug 29th, 2024 at 0.1250
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 0.0320
The short-term trend has been UP since Dec 2nd, 2024 at 0.0426
Smart Scan Analysis for OCEAW
Based on our trend formula, OCEAW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0488 | 0.0488 | 0.0380 | 0.0380 | +0.0020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0360 | 52006 | 2024-12-02 11:57:00 |
| 52wk High | 0.7 | 52wk High Date | 2024-03-08 |
| 52wk Low | 0.0188 | 52wk Low Date | 2023-12-26 |
| Average Volume | 37,607 | Assets | 20,921,000M |
| Liabilities | 29,322,000M |