Londinia Opportunities Analyses - 01/22/2025 (GMT) OCULAR THERAPEUTIX INC. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 7.99 USD
My targets
7.70 USD (-2.04%)
6.93 USD (-11.79%)
My analysis
OCULAR THERAPEUTIX INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 7.99 USD. The next support located at 7.70 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 6.93 USD. Below this support, sellers could then target 6.45 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.9
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Additional analysis
Quotes
The OCULAR THERAPEUTIX INC. price is 7.86 USD. The price is lower by -2.84% since the last closing with the lowest point at 7.85 USD and the highest point at 8.09 USD. The deviation from the price is +0.13% for the low point and -2.84% for the high point.7.85
8.09
7.86
Here is a more detailed summary of the historical variations registered by OCULAR THERAPEUTIX INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of OCULAR THERAPEUTIX INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 4.93 | 6.45 | 7.70 | 7.86 | 7.99 | 8.63 | 9.22 |
| Change (%) | -37.28% | -17.94% | -2.04% | - | +1.65% | +9.80% | +17.30% |
| Change | -2.93 | -1.41 | -0.16 | - | +0.13 | +0.77 | +1.36 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.82 | 7.89 | 7.99 | 8.06 | 8.16 | 8.23 | 8.33 |
| Camarilla | 8.04 | 8.06 | 8.07 | 8.09 | 8.11 | 8.12 | 8.14 |
| Woodie | 7.84 | 7.90 | 8.01 | 8.07 | 8.18 | 8.24 | 8.35 |
| Fibonacci | 7.89 | 7.96 | 8.00 | 8.06 | 8.13 | 8.17 | 8.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.93 | 7.32 | 7.66 | 8.05 | 8.39 | 8.78 | 9.12 |
| Camarilla | 7.81 | 7.88 | 7.94 | 8.01 | 8.08 | 8.14 | 8.21 |
| Woodie | 6.92 | 7.31 | 7.65 | 8.04 | 8.38 | 8.77 | 9.11 |
| Fibonacci | 7.32 | 7.60 | 7.77 | 8.05 | 8.33 | 8.50 | 8.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.61 | 6.87 | 7.70 | 8.96 | 9.79 | 11.05 | 11.88 |
| Camarilla | 7.97 | 8.16 | 8.35 | 8.54 | 8.73 | 8.92 | 9.12 |
| Woodie | 5.41 | 6.76 | 7.50 | 8.85 | 9.59 | 10.94 | 11.68 |
| Fibonacci | 6.87 | 7.67 | 8.16 | 8.96 | 9.76 | 10.25 | 11.05 |
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): | 42.01 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -9.41 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 7.97 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.20 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 8.22 | |
| Zig ZAG (10): | 7.92 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 38.10 | |
| TEMA (21): | 7.98 | |
| Williams %R (14): | -75.00 | |
| Chande Momentum Oscillator (20): | -0.09 | |
| Repulse (5,40,3): | -1.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0600 | |
| Courbe Coppock: | 1.49 |
| MA7: | 8.02 | |
| MA20: | 8.40 | |
| MA50: | 9.04 | |
| MA100: | 9.33 | |
| MAexp7: | 7.97 | |
| MAexp20: | 8.03 | |
| MAexp50: | 8.14 | |
| MAexp100: | 8.33 | |
| Price / MA7: | -2.00% | |
| Price / MA20: | -6.43% | |
| Price / MA50: | -13.05% | |
| Price / MA100: | -15.76% | |
| Price / MAexp7: | -1.38% | |
| Price / MAexp20: | -2.12% | |
| Price / MAexp50: | -3.44% | |
| Price / MAexp100: | -5.64% |
Quotes :
-
15 min delayed data
-
Actions NASDAQ
News
The last news published on OCULAR THERAPEUTIX INC. at the time of the generation of this analysis was as follows:
- Thinking about buying stock in Meta Platforms, Ocular Therapeutix, Phathom Pharmaceuticals, Revelation Biosciences, or Sunworks?
- UPDATE -- Titan Pharmaceuticals Inc. Announces Licensing Agreement with Ocular Therapeutix Inc.
- Ocular Therapeutix™ to Participate at Three Upcoming Investor Conferences
- Ocular Therapeutix™ Reports Third Quarter 2022 Financial Results and Business Update
- Ocular Therapeutix™ To Report Third Quarter 2022 Financial Results