A Comparative Analysis: EVGO vs OCGN in the Context of Swing Trading and Price Growth
Compare: Swing Trader: High Volatility Stocks for Active Trading (TA&FA) generate 14.13% for EVGO vs Swing Trader: High Volatility Stocks for Active Trading (TA&FA) generate 24.84% for OCGN
A comparative look at EVGO and OCGN reveals intriguing insights for swing traders interested in high-volatility stocks. This analysis offers a detailed comparison of the two companies, reviewing their recent performance, price growth, and forthcoming earnings reports.
High Volatility Stocks for Active Trading
Swing traders focusing on high-volatility stocks through technical analysis and fundamental analysis (TA&FA) experienced quite different results for EVGO and OCGN. Specifically, a strategy applied to EVGO, a player in the Specialty Stores industry, generated a return of 14.13%. Conversely, the same methodology yielded a higher return of 24.84% when applied to OCGN, a Biotechnology industry constituent.
Week-on-Week Price Growth
EVGO experienced a week-on-week price change of +14.32%, outpacing OCGN, which posted a price change of +12.12% in the same period. Notably, both stocks significantly outperformed their respective industry averages, suggesting their strong momentum relative to peers.
For context, the average weekly price change across the Specialty Stores industry was a slight drop of -0.54%, while the Biotechnology industry posted a similar contraction of -0.69%.
Longer-Term Price Growth
When expanding the horizon to longer-term performance, different trends emerge. The average monthly price growth for the Specialty Stores industry, where EVGO operates, stood at +3.39%, while the Biotechnology industry, home to OCGN, experienced a higher average growth of +4.11%.
Looking at an even broader perspective, the average quarterly price growth for the Specialty Stores industry stood at +9.72%, compared to a substantial +40.50% for the Biotechnology industry. Thus, while EVGO demonstrated stronger week-on-week growth, OCGN seems to be part of an industry experiencing more robust quarterly growth.
Upcoming Earnings Reports
Lastly, earnings reports serve as critical events that often drive substantial price swings. EVGO is expected to report earnings on August 09, 2023, while OCGN is slated to announce its earnings slightly earlier, on August 04, 2023. Swing traders often watch these dates closely, as earnings reports can trigger significant volatility, creating opportunities for outsized gains.
Both EVGO and OCGN have demonstrated strong recent performance with their respective weekly price growth outperforming their industry averages. While EVGO showed stronger week-on-week performance, OCGN, operating in the Biotechnology industry, appears to benefit from more substantial industry-wide quarterly growth. As earnings dates for both companies approach, swing traders may find further opportunities in these high-volatility stocks.
OCGN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 07, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 55 instances where the indicator turned negative. In of the 55 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The Momentum Indicator moved below the 0 level on May 07, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on OCGN as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OCGN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
OCGN moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OCGN advanced for three days, in of 218 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 82 cases where OCGN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. OCGN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.300) is normal, around the industry mean (14.691). P/E Ratio (0.000) is within average values for comparable stocks, (62.716). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.861). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (41.494) is also within normal values, averaging (253.146).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. OCGN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company, which engages in the development and commercialization of therapies for eye diseases
Industry Biotechnology