Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
Ocuphire Pharma, Inc. (NASDAQ:OCUP)
Weak Downtrend (-65) - OCUP is showing signs of a strengthening downtrend. Monitor OCUP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid OCUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OCUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OCUP
The long-term trend has been UP since Aug 10th, 2022 at 2.34
The intermediate-term trend has been DOWN since May 15th, 2023 at 4.76
The short-term trend has been DOWN since Jun 5th, 2023 at 3.75
Smart Scan Analysis for OCUP
Based on our trend formula, OCUP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.6||52wk High Date||2023-05-11|
|52wk Low||1.7801||52wk Low Date||2022-06-16|
|Average Volume||446,828||Shares Outstanding||20,952|