OceanFirst Financial Corp. (OCFC)

OceanFirst Financial Corp. is trading at $17.94, up 0.73% on the session. The 50 day average sits at $17.52 and the 200 day at $18.48, which puts the stock in a downtrend. RSI is at 64.7, which reads as strong, and MACD is bullish crossover. Volume is average.

The nearest support is around $16.16 with resistance near $19.51, so that band frames the current range. Average daily movement is roughly $0.44, or about 2.4% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 23, momentum of 82 and a risk score of 73.

OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers in the United States. The company accepts deposit products, such as money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, including brokered deposits. It also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, loans on savings accounts, overdraft line of credit, and other consumer loans. In addition, the company invests in mortgage-backed securities, securities issued by the U.S. government and agencies, corporate securities, and other investments; and provides bankcard services, trust and asset management products and services, deposit account services, sales of loans and investments, bank owned life insurance and commercial loan swap income. The company was founded in 1902 and is headquartered in Toms River, New Jersey.