Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
OceanPal Inc. (NASDAQ:OP)
Long-Term Downtrend (-90) - OP is in a strong downtrend that is likely to continue. While OP 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 OP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OP
The long-term trend has been DOWN since Apr 4th, 2023 at 0.335
The intermediate-term trend has been DOWN since Oct 30th, 2023 at 2.460
The short-term trend has been DOWN since Dec 5th, 2023 at 2.200
Smart Scan Analysis for OP
Based on our trend formula, OP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||102||52wk High Date||2022-12-21|
|52wk Low||1.26||52wk Low Date||2023-07-10|
|Average Volume||26,127||Shares Outstanding||44|