Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Ocugen, Inc. (NASDAQ:OCGN)
Countertrend Up (+85) - OCGN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 22nd, 2020 at 0.3950
The intermediate-term trend has been UP since Oct 12th, 2021 at 8.0800
The short-term trend has been DOWN since Oct 18th, 2021 at 8.3201
Smart Scan Analysis for OCGN
Based on our trend formula, OCGN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||18.77||52wk High Date||2021-02-08|
|52wk Low||0.2501||52wk Low Date||2020-11-02|
|Average Volume||23,459,419||Shares Outstanding||198,756|