OCULAR THERAPEUTIX INC. - Daily - Technical analysis published on 06/24/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 4.10 USD
My targets
4.82 USD (+6.40%)
5.66 USD (+24.94%)
My analysis
A bullish trend on OCULAR THERAPEUTIX INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 4.10 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 4.82 USD. Then the price could move towards 5.66 USD. Then 6.14 USD by extension. Be careful, a return below 4.10 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The OCULAR THERAPEUTIX INC. rating is 4.53 USD. The price has increased by +2.49% since the last closing and was between 4.31 USD and 4.74 USD. This implies that the price is at +5.10% from its lowest and at -4.43% from its highest.4.31
4.74
4.53
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of this Daily chart of OCULAR THERAPEUTIX INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.46 | 3.61 | 4.10 | 4.53 | 4.82 | 5.66 | 6.14 |
| Change (%) | -45.70% | -20.31% | -9.49% | - | +6.40% | +24.94% | +35.54% |
| Change | -2.07 | -0.92 | -0.43 | - | +0.29 | +1.13 | +1.61 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.72 | 3.95 | 4.18 | 4.41 | 4.64 | 4.87 | 5.10 |
| Camarilla | 4.29 | 4.34 | 4.38 | 4.42 | 4.46 | 4.50 | 4.55 |
| Woodie | 3.73 | 3.95 | 4.19 | 4.41 | 4.65 | 4.87 | 5.11 |
| Fibonacci | 3.95 | 4.12 | 4.23 | 4.41 | 4.58 | 4.69 | 4.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.54 | 3.82 | 4.12 | 4.40 | 4.70 | 4.98 | 5.28 |
| Camarilla | 4.26 | 4.31 | 4.37 | 4.42 | 4.47 | 4.53 | 4.58 |
| Woodie | 3.55 | 3.83 | 4.13 | 4.41 | 4.71 | 4.99 | 5.29 |
| Fibonacci | 3.82 | 4.04 | 4.18 | 4.40 | 4.62 | 4.76 | 4.98 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.36 | |
| MACD (12,26,9): | 0.3200 | |
| Directional Movement: | 15.46 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 4.21 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.82 | |
| Elder Ray (13): | 0.46 | |
| Super Trend (3,10): | 3.37 | |
| Zig ZAG (10): | 4.60 | |
| VORTEX (21): | 1.1800 | |
| Stochastique (14,3,5): | 83.68 | |
| TEMA (21): | 4.56 | |
| Williams %R (14): | -7.92 | |
| Chande Momentum Oscillator (20): | 1.79 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7800 | |
| Courbe Coppock: | 111.72 |
| MA7: | 4.38 | |
| MA20: | 3.57 | |
| MA50: | 3.57 | |
| MA100: | 3.82 | |
| MAexp7: | 4.32 | |
| MAexp20: | 3.87 | |
| MAexp50: | 3.71 | |
| MAexp100: | 3.92 | |
| Price / MA7: | +3.42% | |
| Price / MA20: | +26.89% | |
| Price / MA50: | +26.89% | |
| Price / MA100: | +18.59% | |
| Price / MAexp7: | +4.86% | |
| Price / MAexp20: | +17.05% | |
| Price / MAexp50: | +22.10% | |
| Price / MAexp100: | +15.56% |
News
The last news published on OCULAR THERAPEUTIX INC. at the time of the generation of this analysis was as follows:
-
Ocular Therapeutix, Inc. - OCUL Stock Chart Technical Analysis for 06-21-2019
-
Ocular Therapeutix, Inc. - OCUL Stock Chart Technical Analysis for 06-11-2019
-
Ocular Therapeutix, Inc. - OCUL Stock Chart Technical Analysis for 05-21-2019
- Ocular Therapeutix™ To Report Fourth Quarter and Year End 2018 Financial Results
-
Ocular Therapeutix, Inc. - OCUL Stock Chart Technical Analysis for 02-22-2019
This member declared not having a position on this financial instrument or a related financial instrument.
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