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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Ocwen Financial Corporation NEW (NYSE:OCN)
Long-Term Downtrend (-90) - OCN is in a strong downtrend that is likely to continue. While OCN 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 OCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCN.
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 OCN
The long-term trend has been DOWN since Mar 8th, 2024 at 25.02
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 23.44
The short-term trend has been DOWN since Apr 2nd, 2024 at 26.60
Smart Scan Analysis for OCN
Based on our trend formula, OCN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.6800 | 23.1055 | 22.5500 | 23.0700 | +0.3300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.7400 | 6691 | 2024-04-18 15:59:45 |
| Year High | 4.84 | Year High Date | 2018-05-07 |
| Year Low | 2.02 | Year Low Date | 2018-11-28 |
| 52wk High | 35.79 | 52wk High Date | 2023-08-03 |
| 52wk Low | 21.15 | 52wk Low Date | 2023-10-23 |
| Year End Close | 34.59 | Average Volume | 9,080 |
| Shares Outstanding | 7,684 | Short Interest | 2,364,939 |
| % Institutional | 77.9 | Market Cap | 258M |
| Assets | 125,137,000M | Liabilities | 121,119,000M |
| P/E Ratio | 9.4 | Beta | 0.59 |
| Volatility | 73.4 |