Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Ocado Group plc

OCDGFPNK
Consumer Defensive
Grocery Stores
$2.98
$-0.17(-5.40%)
U.S. Market opens in 8h 2m

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

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

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

OCDGF Technical Analysis Summary

Ocado Group plc stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.83)
Trend Strength:Moderate (ADX: 28.67)
Volatility:Medium (ATR: 0.10)
Support/Resistance:$2.68 – $3.95 (Bollinger Bands)

Technical signals confirm buyers remain in control of Ocado Group plc’s price action.

Momentum Indicators

RSI (14): 50.83

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 31.46

Bearish
Momentum remains weak below midpoint.

Williams %R: -46.91

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -13.21

Strongly Bearish
Sharp downside momentum.

Takeaway:Ocado Group plc shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.67

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): 33.30

Bullish
Bullish, momentum building upward.

Takeaway:Ocado Group plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.95
Middle Band (SMA 20)
$3.32
Lower Band
$2.68
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3.39
Middle Line (EMA 20)
$3.20
Lower Channel
$3.00
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 Volume11.08K
Money Flow Index24.57Bearish, selling pressure outweighs inflows.
Relative Vigor Index21.28Bearish, price momentum favors sellers.

Overall Takeaway:OCDGF 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

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Ocado Group plc are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ