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OCEANFIRST FINANCIAL
OCEANFIRST FINANCIAL
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: OCFC
ISIN:

OCEANFIRST FINANCIAL - Daily - Technical analysis published on 12/27/2019 (GMT)

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Londinia
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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 24.25 USD
My targets
25.88 USD (+2.78%)
27.99 USD (+11.16%)
My analysis
The bullish trend is currently very strong on OCEANFIRST FINANCIAL. As long as the price remains above the support at 24.25 USD, you could try to benefit from the boom. The first bullish objective is located at 25.88 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 27.99 USD as an objective. Crossing it would then enable buyers to target 29.12 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The OCEANFIRST FINANCIAL price is 25.18 USD. The price registered a decrease of -0.12% on the session and was traded between 25.10 USD and 25.30 USD over the period. The price is currently at +0.32% from its lowest and -0.47% from its highest.

25.10
25.30
25.18

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of OCEANFIRST FINANCIAL indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 23.79 24.25 25.15 25.18 25.88 27.99 29.12
Change (%) -5.52% -3.69% -0.12% - +2.78% +11.16% +15.65%
Change -1.39 -0.93 -0.03 - +0.70 +2.81 +3.94
Level Major Major Intermediate - Major Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.8124.9825.0925.2625.3725.5425.65
Camarilla25.1325.1625.1825.2125.2425.2625.29
Woodie24.7924.9725.0725.2525.3525.5325.63
Fibonacci24.9825.0825.1525.2625.3625.4325.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.8424.2124.8825.2525.9226.2926.96
Camarilla25.2725.3725.4725.5625.6625.7525.85
Woodie24.0024.2925.0425.3326.0826.3727.12
Fibonacci24.2124.6024.8525.2525.6425.8926.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard22.9823.3123.6423.9724.3024.6324.96
Camarilla23.8023.8623.9223.9824.0424.1024.16
Woodie22.9923.3123.6523.9724.3124.6324.97
Fibonacci23.3123.5623.7223.9724.2224.3824.63

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): 64.01
MACD (12,26,9): 0.3800
Directional Movement: 21.23
AROON (14): 57.14
DEMA (21): 25.16
Parabolic SAR (0,02-0,02-0,2): 24.82
Elder Ray (13): 0.37
Super Trend (3,10): 24.42
Zig ZAG (10): 25.21
VORTEX (21): 1.1700
Stochastique (14,3,5): 80.95
TEMA (21): 25.35
Williams %R (14): -22.86
Chande Momentum Oscillator (20): 1.24
Repulse (5,40,3): -0.4700
ROCnROLL: 1
TRIX (15,9): 0.1700
Courbe Coppock: 9.74
MA7: 25.22
MA20: 24.59
MA50: 24.21
MA100: 23.30
MAexp7: 25.15
MAexp20: 24.74
MAexp50: 24.25
MAexp100: 23.94
Price / MA7: -0.16%
Price / MA20: +2.40%
Price / MA50: +4.01%
Price / MA100: +8.07%
Price / MAexp7: +0.12%
Price / MAexp20: +1.78%
Price / MAexp50: +3.84%
Price / MAexp100: +5.18%

News


The latest news and videos published on OCEANFIRST FINANCIAL at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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