Technical Analysis for OCUP - Ocuphire Pharma, Inc.

Grade Last Price % Change Price Change
F 1.59 3.92% 0.06
OCUP closed up 3.92 percent on Monday, July 1, 2024, on 69 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Oversold Stochastic Weakness 0.00%
Gapped Up Strength 3.92%
Oversold Stochastic Weakness 3.92%
New Downtrend Bearish 4.61%
Lower Bollinger Band Walk Weakness 4.61%
Gapped Up Strength 4.61%
Lower Bollinger Band Touch Weakness 4.61%
Oversold Stochastic Weakness 4.61%
NR7 Range Contraction 3.58%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 9 hours ago
Rose Above 20 DMA about 9 hours ago
Up 1 ATR about 9 hours ago
Up 5% about 9 hours ago
1.5x Volume Pace about 9 hours ago

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Profile

Ocuphire Pharma, Inc. Description

Ocuphire is a clinical-stage ophthalmic biopharmaceutical company focused on developing and commercializing therapies for the treatment of several eye disorders. Ocuphire’s pipeline currently includes two small-molecule product candidates targeting front and back of the eye indications. The company’s lead product candidate, Nyxol® Eye Drops, is a once-daily preservative-free eye drop formulation of phentolamine mesylate, a non-selective alpha-1 and alpha-2 adrenergic antagonist designed to reduce pupil size, and is being developed for several indications, including dim light or night vision disturbances, pharmacologically-induced mydriasis, and presbyopia. Ocuphire’s second product candidate, APX3330, is a twice-a-day oral tablet, designed to inhibit angiogenesis and inflammation pathways relevant to retinal and choroidal vascular diseases, such as diabetic retinopathy and diabetic macular edema. As part of its strategy, Ocuphire will continue to explore opportunities to acquire additional ophthalmic assets and to seek strategic partners for late stage development, regulatory preparation, and commercialization of drugs in key global markets.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Organ Systems Diabetes Eye Inflammation Ophthalmology Ophthalmic Vascular Disease Vision Diabetic Retinopathy Macular Edema Retina Diabetic Macular Edema Blindness Retinopathy Molecule Product Angiogenesis Night Vision Presbyopia

Is OCUP 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 4.5
52 Week Low 1.5
Average Volume 147,304
200-Day Moving Average 2.49
50-Day Moving Average 1.68
20-Day Moving Average 1.63
10-Day Moving Average 1.57
Average True Range 0.10
RSI (14) 45.36
ADX 26.66
+DI 11.62
-DI 18.24
Chandelier Exit (Long, 3 ATRs) 1.49
Chandelier Exit (Short, 3 ATRs) 1.79
Upper Bollinger Bands 1.78
Lower Bollinger Band 1.48
Percent B (%b) 0.36
BandWidth 18.16
MACD Line -0.05
MACD Signal Line -0.05
MACD Histogram -0.005
Fundamentals Value
Market Cap 38.25 Million
Num Shares 24.1 Million
EPS 1.44
Price-to-Earnings (P/E) Ratio 1.10
Price-to-Sales 1.14
Price-to-Book 1.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.77
Resistance 3 (R3) 1.77 1.70 1.74
Resistance 2 (R2) 1.70 1.66 1.71 1.73
Resistance 1 (R1) 1.65 1.63 1.68 1.65 1.72
Pivot Point 1.58 1.58 1.60 1.59 1.58
Support 1 (S1) 1.53 1.54 1.56 1.53 1.46
Support 2 (S2) 1.46 1.51 1.47 1.45
Support 3 (S3) 1.41 1.46 1.44
Support 4 (S4) 1.41