Technical Analysis for OVID - Ovid Therapeutics Inc.

Grade Last Price % Change Price Change
F 0.86 12.09% 0.09
OVID closed up 12.09 percent on Monday, July 1, 2024, on 2.34 times 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
Wide Bands Range Expansion 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other 12.09%
Narrow Range Bar Range Contraction 12.09%
Wide Bands Range Expansion 12.09%
Up 3 Days in a Row Strength 12.09%
Oversold Stochastic Weakness 12.09%
NR7 Range Contraction 18.69%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 5 hours ago
Up 10% about 6 hours ago
1.5x Volume Pace about 9 hours ago
Up 5% about 9 hours ago
Up 3% about 9 hours ago

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Profile

Ovid Therapeutics Inc. Description

Ovid Therapeutics Inc. (Ovid) is a biopharmaceutical company. The Company is engaged in developing medicines for patients and families living with rare neurological disorders. Its lead drug candidate is OV101. The Company’s second lead drug candidate is OV935. OV101 (gaboxadol) is a delta-selective GABAA receptor agonist. Ovid is developing OV101 for use in both Angelman syndrome and Fragile X syndrome to potentially restore tonic inhibition and relieve several of the symptoms of these disorders. Ovid has initiated the Phase II STARS trial of OV101 in adults with Angelman syndrome and a Phase I trial in adolescents with Angelman syndrome or Fragile X syndrome. Ovid is also developing OV935 in collaboration with Takeda Pharmaceutical Company Limited for the treatment of rare epileptic encephalopathies.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Organ Systems Disorders Neurological Disorders Epilepsy Syndromes Urological Disorders Genodermatoses Sedatives Fragile X Syndrome Rare Neurological Disorders Anticonvulsants

Is OVID 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 4.1389
52 Week Low 0.68
Average Volume 991,236
200-Day Moving Average 3.21
50-Day Moving Average 2.64
20-Day Moving Average 1.93
10-Day Moving Average 0.76
Average True Range 0.21
RSI (14) 23.08
ADX 41.87
+DI 17.08
-DI 50.45
Chandelier Exit (Long, 3 ATRs) 2.69
Chandelier Exit (Short, 3 ATRs) 1.30
Upper Bollinger Bands 4.28
Lower Bollinger Band -0.41
Percent B (%b) 0.27
BandWidth 242.91
MACD Line -0.64
MACD Signal Line -0.53
MACD Histogram -0.1085
Fundamentals Value
Market Cap 60.94 Million
Num Shares 70.7 Million
EPS -0.68
Price-to-Earnings (P/E) Ratio -1.27
Price-to-Sales 956.20
Price-to-Book 2.71
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.12
Resistance 3 (R3) 1.10 1.00 1.07
Resistance 2 (R2) 1.00 0.94 1.01 1.06
Resistance 1 (R1) 0.93 0.90 0.97 0.95 1.05
Pivot Point 0.83 0.83 0.85 0.84 0.83
Support 1 (S1) 0.76 0.77 0.80 0.78 0.68
Support 2 (S2) 0.66 0.73 0.67 0.66
Support 3 (S3) 0.59 0.66 0.65
Support 4 (S4) 0.61