Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
Ocugen, Inc. (NASDAQ:OCGN)
Long-Term Downtrend (-90) - OCGN is in a strong downtrend that is likely to continue. While OCGN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OCGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OCGN
The long-term trend has been DOWN since Nov 26th, 2021 at 6.6800
The intermediate-term trend has been DOWN since May 24th, 2023 at 0.6310
The short-term trend has been DOWN since May 24th, 2023 at 0.6505
Smart Scan Analysis for OCGN
Based on our trend formula, OCGN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3.11||52wk High Date||2022-07-08|
|52wk Low||0.44||52wk Low Date||2023-05-26|
|Average Volume||9,324,112||Shares Outstanding||226,430|