Technical Analysis for OCDO - Ocado Group Plc

Grade Last Price % Change Price Change
D 614.60 5.78% 33.60
OCDO closed down 5.53 percent on Thursday, September 28, 2023, on 1.92 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. 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.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 5.78%
Lower Bollinger Band Walk Weakness 5.78%
Wide Bands Range Expansion 5.78%
Below Lower BB Weakness 5.78%
Lower Bollinger Band Touch Weakness 5.78%
Oversold Stochastic Weakness 5.78%
New Downtrend Bearish -0.07%
180 Bearish Setup Bearish Swing Setup -0.07%
Lower Bollinger Band Walk Weakness -0.07%
Wide Bands Range Expansion -0.07%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above 200 DMA 8 minutes ago
1.5x Volume Pace 35 minutes ago
Up 5% about 1 hour ago
Up 3% about 1 hour ago
Rose Above Lower Bollinger Band about 1 hour ago

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Profile

Ocado Group Plc Description

Ocado Group plc is a United Kingdom-based online grocery retailer. The Company's principal activities are grocery retailing and the development and monetization of Intellectual Property (IP) and technology used for the online retailing, logistics and distribution of grocery and consumer goods, derived from the United Kingdom. The Company offers end-to-end operating solution for online grocery retail based on technology and IP, suitable for operating its own retail business and those of its commercial partners. The Company's brands include Ocado, Ocado Smart Platform, Sizzle, Fetch and Fabled. Sizzle is a kitchen and dining store. Its beauty store is in partnership with Marie Claire. The Company's Ocado Smart Platform is a solution for operating online retail businesses. The Company's Ocado Smart Platform combines its end-to-end software and technology systems with its physical fulfilment asset solution.


Classification

Sector: Consumer Defensive
Industry: Grocery Stores
Keywords: Consumer Marketing Software Consumer Goods Logistics Retailing E Retail Suit Intellectual Property Kitchen Grocery Store Supermarkets Do S Online Retailing Retail Businesses Technology Systems Ocado

Is OCDO 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 1017.0
52 Week Low 342.0
Average Volume 1,925,594
200-Day Moving Average 613.88
50-Day Moving Average 797.72
20-Day Moving Average 764.42
10-Day Moving Average 703.18
Average True Range 51.64
RSI (14) 30.56
ADX 26.75
+DI 13.23
-DI 34.94
Chandelier Exit (Long, 3 ATRs) 747.47
Chandelier Exit (Short, 3 ATRs) 720.50
Upper Bollinger Bands 936.38
Lower Bollinger Band 592.46
Percent B (%b) -0.03
BandWidth 44.99
MACD Line -42.93
MACD Signal Line -20.07
MACD Histogram -22.8566
Fundamentals Value
Market Cap 4.35 Billion
Num Shares 748 Million
EPS -24.70
Price-to-Earnings (P/E) Ratio -23.52
Price-to-Sales 8.08
Price-to-Book 15.23
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 667.80
Resistance 3 (R3) 672.30 647.87 653.33
Resistance 2 (R2) 647.87 625.76 645.62 648.51
Resistance 1 (R1) 614.43 612.11 602.22 609.93 643.69
Pivot Point 590.00 590.00 583.89 587.75 590.00
Support 1 (S1) 556.57 567.90 544.35 552.07 518.31
Support 2 (S2) 532.14 554.24 529.88 513.49
Support 3 (S3) 498.70 532.14 508.67
Support 4 (S4) 494.20