Technical Analysis for OCUL - Ocular Therapeutix, Inc.

Grade Last Price % Change Price Change
D 6.29 3.97% 0.24
OCUL closed up 3.97 percent on Wednesday, May 15, 2024, on 1.4 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Wide Bands Range Expansion 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace about 17 hours ago
Rose Above Upper Bollinger Band about 18 hours ago
Rose Above Previous Day's High about 19 hours ago
Up 5% about 19 hours ago
Up 3% about 19 hours ago

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Profile

Ocular Therapeutix, Inc. Description

Ocular Therapeutix, Inc., a development stage biopharmaceutical company, focuses on the development and commercialization of therapies based on its proprietary hydrogel platform technology for treating eye diseases and conditions. The company offers ReSure Sealant, a topical liquid hydrogel that creates a sealant to prevent post-surgical leakage from clear corneal incisions made during cataract surgery Its lead product candidates comprise OTX-DP, which is in Phase III clinical trials for the treatment of post-surgical ocular inflammation and pain; and OTX-TP that is in Phase II clinical trials for the treatment of glaucoma and ocular hypertension. The company's earlier stage product candidates include OTX-DP, which is in Phase II clinical trials for the treatment of allergic conjunctivitis; OTX-MP that has completed Phase I clinical trials for the treatment of bacterial conjunctivitis; and Anti-VEGF hydrogel depot, which is in preclinical testing for the treatment of wet AMD. Ocular Therapeutix, Inc. sells its ReSure Sealant through a network of independent medical device distributors in the United States. The company was founded in 2006 and is headquartered in Bedford, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Pain Eye Inflammation Hypertension Clinical Trial Sealant Glaucoma Platform Technology Eye Diseases Cataracts Incision Treatment Of Glaucoma Allergic Conjunctivitis Cataract Surgery Cornea Allergology Incisions Ocular Hypertension Post Surgical Ocular Inflammation

Is OCUL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.31
52 Week Low 1.995
Average Volume 2,635,201
200-Day Moving Average 4.99
50-Day Moving Average 7.57
20-Day Moving Average 5.42
10-Day Moving Average 5.90
Average True Range 0.57
RSI (14) 50.74
ADX 24.07
+DI 25.37
-DI 25.95
Chandelier Exit (Long, 3 ATRs) 6.45
Chandelier Exit (Short, 3 ATRs) 5.76
Upper Bollinger Bands 6.58
Lower Bollinger Band 4.25
Percent B (%b) 0.88
BandWidth 43.05
MACD Line -0.36
MACD Signal Line -0.57
MACD Histogram 0.2088
Fundamentals Value
Market Cap 722.34 Million
Num Shares 115 Million
EPS -1.01
Price-to-Earnings (P/E) Ratio -6.23
Price-to-Sales 11.86
Price-to-Book 83.06
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.85
Resistance 3 (R3) 6.89 6.75 6.76
Resistance 2 (R2) 6.75 6.60 6.73 6.73
Resistance 1 (R1) 6.52 6.51 6.63 6.48 6.70
Pivot Point 6.37 6.37 6.43 6.35 6.37
Support 1 (S1) 6.14 6.23 6.26 6.10 5.88
Support 2 (S2) 6.00 6.14 5.98 5.85
Support 3 (S3) 5.77 6.00 5.82
Support 4 (S4) 5.73