Stock Trend Analysis Report
Prepared for you on Tuesday, May 30, 2023.
Ocean Electric, Inc. (NASDAQ:OCEL)
Sidelines Mode (-55) - OCEL 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 OCEL?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCEL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OCEL
The long-term trend has been DOWN since Dec 9th, 2022 at 0.02200
The intermediate-term trend has been UP since May 8th, 2023 at 0.01150
The short-term trend has been DOWN since May 22nd, 2023 at 0.01235
Smart Scan Analysis for OCEL
Based on our trend formula, OCEL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.054||52wk High Date||2022-09-14|
|52wk Low||0.0052||52wk Low Date||2023-05-02|
|Average Volume||837,644||Shares Outstanding||1,490,678|