| OCGN latest price $11.0500 (37.78%) ($11.0500 - $11.9450) on Fri. Feb. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 46.13% (three month average) |
RSI | 78 |
Latest Price | $11.0500(37.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | OCGN advances 1.8% a day on average for past five trading days. |
Weekly Trend | OCGN declines -8.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support OCGN advance at 0% a week (0% probability) XBI(49%) ACES(43%) ARKG(43%) IBUY(43%) IWO(43%) |
Factors Impacting OCGN price | OCGN will decline at least -23.065% in a week (0% probabilities). VIXM(-26%) VXX(-24%) UUP(-12%) GLD(-7%) XLU(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -23.065% (StdDev 46.13%) |
Hourly BBV | 2.7 () |
Intraday Trend | 0% |
| |
|
|