OceanaGold Corporation (OGC)

OceanaGold Corporation is trading at $24.11, down 4.59% on the session. The 50 day average sits at $28.00 and the 200 day at $30.24, which puts the stock in a downtrend. RSI is at 35.7, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $23.76 with resistance near $27.63, so that band frames the current range. Average daily movement is roughly $1.09, or about 4.5% of the share price, which is what any stop placement has to allow for. The overall health score of 25 out of 100 combines a trend score of 7, momentum of 23 and a risk score of 56.

OceanaGold Corporation engages in the exploration, development, and operation of gold and gold/copper mines in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. The company was founded in 1990 and is headquartered in Vancouver, Canada.