Advertisement

Ads Placeholder
Loading...

Ocado Group plc

OCDDYPNK
Consumer Defensive
Grocery Stores
$4.80
$-0.11(-2.24%)
U.S. Market opens in 58h 37m

Ocado Group plc (OCDDY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ocado Group plc (PNK:OCDDY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OCDDY Technical Analysis Summary

Ocado Group plc stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.18)
Trend Strength:Moderate (ADX: 27.26)
Volatility:Medium (ATR: 0.17)
Support/Resistance:$4.64 – $5.67 (Bollinger Bands)

Overall, Ocado Group plc remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 34.18

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.74

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.50

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.57

Strongly Bearish
Sharp downside momentum.

Takeaway:Ocado Group plc shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.27

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.26

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -80.90

Bearish
Bearish, momentum remains under pressure.

Takeaway:Ocado Group plc shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.67
Middle Band (SMA 20)
$5.15
Lower Band
$4.64
Current Position
Within Bands

Takeaway:Ocado Group plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5.48
Middle Line (EMA 20)
$5.15
Lower Channel
$4.81
Squeeze Status
No Squeeze

Takeaway:Ocado Group plc trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume3.04K
Money Flow Index31.37Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.87Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:OCDDY shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Ocado Group plc, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Ocado Group plc shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ