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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Ocwen Financial Corporation NEW (NYSE:OCN)

Countertrend Down (-85) - OCN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

NYSE_OCN
Open High Low OCN Price Change
24.41 25.49 24.36 24.61 -0.16
Entry Signal

MarketClub’s Trade Triangles for OCN

long term down The long-term trend has been DOWN since Mar 8th, 2024 at 25.02

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 23.44

short term up The short-term trend has been UP since Apr 22nd, 2024 at 23.38

Smart Scan Analysis for OCN

Based on our trend formula, OCN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OCN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.41 25.49 24.36 24.61 -0.16
Prev. Close Volume Bid Ask Time
24.77 3562 2024-04-24 16:00:00
Year High4.84Year High Date2018-05-07
Year Low2.02Year Low Date2018-11-28
52wk High35.7952wk High Date2023-08-03
52wk Low21.1552wk Low Date2023-10-23
Year End Close34.59Average Volume8,401
Shares Outstanding7,684Short Interest2,364,939
% Institutional77.9Market Cap258M
Assets125,137,000MLiabilities121,119,000M
P/E Ratio9.4Beta0.59
Volatility73.4
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