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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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 DOWN since Jun 7th, 2024 at 0.0551
The intermediate-term trend has been DOWN since May 30th, 2024 at 0.0740
The short-term trend has been UP since Jul 25th, 2024 at 0.0470
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 |
|---|---|---|---|---|
| 0.047000 | 0.048000 | 0.046899 | 0.048000 | +0.001000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.047000 | 15847 | 2024-07-26 11:09:00 |
| 52wk High | 0.7 | 52wk High Date | 2024-03-08 |
| 52wk Low | 0.0188 | 52wk Low Date | 2023-12-26 |
| Average Volume | 10,384 | Assets | 20,921,000M |
| Liabilities | 29,322,000M |