Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of OCN will decline by -12.90% over the next 2 Weeks and hit $21.84 by Friday, July 19, 2024. In that time frame, OCN's share price is expected to range between $21.27 and $22.49.
BearishAverageBullish| Date | Predicted Lower | Predicted | Predicted Upper |
|---|---|---|---|
| Jul 19, 2024 | 21.51 | 22.15 | 22.76 |
| Jul 18, 2024 | 21.47 | 22.12 | 22.78 |
| Jul 17, 2024 | 21.56 | 22.24 | 22.87 |
| Jul 16, 2024 | 21.48 | 22.11 | 22.75 |
| Jul 15, 2024 | 21.81 | 22.51 | 23.14 |
| Jul 12, 2024 | 21.87 | 22.52 | 23.14 |
| Jul 11, 2024 | 21.85 | 22.49 | 23.15 |
| Jul 10, 2024 | 21.99 | 22.61 | 23.27 |
| Jul 9, 2024 | 21.81 | 22.48 | 23.14 |
| Jul 8, 2024 | 22.24 | 22.88 | 23.54 |
OCN shares fell -0.75% in Friday, June 7, 2024's trading session, dropping from a previous close of $25.27 to move at $25.08. The stock demonstrated notable intraday movement (see OCN's key stats for a full breakdown), fluctuating between $24.47 and $25.30, a +3.39% trading range. While recent weeks have seen some volatility, OCN has managed to secure a +8.81% gain over the past 2 weeks. The downward price movement was accompanied by increased trading volume, with approximately 22.63K shares changing hands, 20.89K more than the previous session. This amounted to $567.59K in total market activity.
Will OCN Continue Its Downward Trend?
According to analyst ratings and projections for OCN, Ocwen Financial Corporation shares are anticipated to decrease by -10.17%, potentially reaching $22.76 per share by July 19, 2024. Short-term technical indicators currently suggest a neutral sentiment for OCN. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 14 positive trading days within the past 30 sessions. Based on the OCN stock forecast, now is not the best time to buy OCN stock because its current trading price is +13.23% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on OCN covering social and institutional perspectives.
OCN Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into OCN's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 37.86% to 41.95%) suggest weak bearish momentum with possible fluctuation. The 50-day RSI, at 44.92%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 46.53%, maintains a neutral outlook for the long term. Insights into OCN's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Ocwen Financial Corporation Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Ocwen Financial Corporation (OCN) is positioned to show a strong performance in September 2024. The price is predicted to move between $20.90 and $24.62, settling at an average of $22.85. This could translate to a -8.89% loss.
October 2024
Based on current market signals, Ocwen Financial Corporation is projected to trend october 2024. We forecast a trading range from $17.77 to $24.45, with a likely average price of $22.39. Investors could expect a potential return of -10.73%.
November 2024
Our predictive algorithms indicate Ocwen Financial Corporation stock may see a shift in November 2024. The expected range spans $19.50–$27.25, with an average target of $22.60. This represents a cautious outlook and a possible loss of -9.89%.
December 2024
Analyzing established trends, Ocwen Financial Corporation looks set to move in December 2024. Projections place the stock between $19.36 and $24.00, averaging around $21.91. This suggests a -12.64% loss from current levels.
January 2025
Market indicators suggest Ocwen Financial Corporation could experience notable changes during January 2025. Prices could fluctuate within $17.96 to $22.69, with a midpoint forecast of $20.36. The stock might deliver a -18.82% loss.
February 2025
Forecasting for February 2025, models estimate that Ocwen Financial Corporation may undergo key fluctuations. If trends hold, the stock might trade between $18.35 and $22.76, averaging $20.45. This signals a cautious trajectory with potential returns around -18.46%.
March 2025
According to our latest forecast models, Ocwen Financial Corporation (OCN) is positioned to show a strong performance in March 2025. The price is predicted to move between $17.49 and $21.94, settling at an average of $19.99. This could translate to a -20.30% loss.
April 2025
Based on current market signals, Ocwen Financial Corporation is projected to trend april 2025. We forecast a trading range from $16.79 to $22.96, with a likely average price of $19.84. Investors could expect a potential return of -20.89%.
May 2025
Our predictive algorithms indicate Ocwen Financial Corporation stock may see a shift in May 2025. The expected range spans $16.76–$21.65, with an average target of $19.33. This represents a cautious outlook and a possible loss of -22.93%.
June 2025
Analyzing established trends, Ocwen Financial Corporation looks set to move in June 2025. Projections place the stock between $15.34 and $19.97, averaging around $17.77. This suggests a -29.15% loss from current levels.
July 2025
Market indicators suggest Ocwen Financial Corporation could experience notable changes during July 2025. Prices could fluctuate within $16.23 to $20.18, with a midpoint forecast of $18.32. The stock might deliver a -26.95% loss.
OCN's history of dividends and stock splits also plays a role in long-term investor confidence.