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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OCFC
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Red day on Friday for OceanFirst Financial Corp.
(Updated on Jun 21, 2024)

Sell candidate since May 29, 2024 Gain 3.07% PDF

The OceanFirst Financial Corp. stock price fell by -0.0676% on the last day (Friday, 21st Jun 2024) from $14.80 to $14.79. During the last trading day the stock fluctuated 1.50% from a day low at $14.71 to a day high of $14.93. The price has been going up and down for this period, and there has been a 3.5% gain for the last 2 weeks. Volume has increased on the last day by 254 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 546 thousand shares were bought and sold for approximately $8.07 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.74% during the next 3 months and, with a 90% probability hold a price between $13.11 and $14.82 at the end of this 3-month period.

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OCFC Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 4.97%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The OceanFirst Financial Corp. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $15.08. On a fall, the stock will find some support from the short-term average at $14.72. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for OceanFirst Financial Corp. stock

OceanFirst Financial Corp. finds support from accumulated volume at $14.69 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.220 (1.50%) between high and low. For the last week, the stock has had daily average volatility of 2.02%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (OCFC) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect OceanFirst Financial Corp. to open at $14.81, and during the day (based on 14 day Average True Range), to move between $14.36 and $15.22, which gives a possible trading interval of +/-$0.428 (+/-2.89%) up or down from last closing price. If OceanFirst Financial Corp. takes out the full calculated possible swing range there will be an estimated 5.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $14.69 (0.68%) than the resistance at $14.99 (1.35%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is OceanFirst Financial Corp. stock A Buy?

OceanFirst Financial Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.288 Sell Candidate Unchanged

Predicted Opening Price for OceanFirst Financial Corp. of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$14.81 ( 0.135%) $14.79

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for OCFC

Fibonacci Support & Resistance Levels

Level Price
R3 15.03 1.62%
R2 14.95 1.05%
R1 14.89 0.703%
Price 14.79
S1 14.73 -0.433%
S2 14.67 -0.784%
S3 14.59 -1.35%

Accumulated Volume Support & Resistance Levels

Level Price
R3 15.44 4.39%
R2 15.05 1.76%
R1 14.99 1.35%
Price 14.79
S1 14.69 -0.676%
S2 14.63 -1.08%
S3 14.35 -2.97%

OCFC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 18, 2024 May 03, 2024 May 17, 2024 $0.200 1.24%
2 Jan 18, 2024 Feb 02, 2024 Feb 16, 2024 $0.200 1.27%
3 Oct 19, 2023 Nov 03, 2023 Nov 17, 2023 $0.200 1.41%
4 Jul 18, 2023 Aug 04, 2023 Aug 18, 2023 $0.200 1.15%
5 Apr 19, 2023 May 05, 2023 May 19, 2023 $0.200 1.40%

FAQ

What is the symbol for OceanFirst Financial Corp. Stock and on which exchange is it traded?
The symbol for OceanFirst Financial Corp. is OCFC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell OceanFirst Financial Corp. Stock?
OceanFirst Financial Corp. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy OceanFirst Financial Corp. Stock?
OceanFirst Financial Corp. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy OceanFirst Financial Corp. Stock.

What's the current price of OceanFirst Financial Corp. Stock?
As of the end of day on the Jun 21, 2024, the price of an OceanFirst Financial Corp. (OCFC) share was $14.79.

What is the 52-week high and low for OceanFirst Financial Corp. Stock?
The 52-week high for OceanFirst Financial Corp. Stock is $19.57 and the 52-week low is $12.01.

What is the market capitalization of OceanFirst Financial Corp. Stock?
As of the Jun 21, 2024, the market capitalization of OceanFirst Financial Corp. is 868.373M.

When is the next earnings date for OceanFirst Financial Corp.?
The upcoming earnings date for OceanFirst Financial Corp. is Jul 18, 2024.
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About OceanFirst Financial Corp.

OceanFirst Financial . OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fix... OCFC Profile

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