OCWEN FINANCIAL CORP stock forecast: down to 26.53 USD OCN stock price prognosis

STOCK

Forecast for Fri 21 Jun 2024 price 27.83

OCWEN FINANCIAL CORP stock price forecast for further price development down to -0.08% (time horizon: 1 day) and price target of 26.53 USD. Short-term (time horizon: 2 weeks) OCWEN FINANCIAL CORP share price prediction for 2024-06-21 with daily closed price projections

Key Facts

Symbol OCN 

ISIN US6757463095 

CUSIP 675746309

Currency USD

Category Mortgage Bankers & Loan Correspondents

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 934,897,000.0

Earnings per share -0.79

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

With our predecessors, we have been servicing residential mortgage loans since 1988. Performing loans also require less work and thus are generally less costly to service. See Item 1A. Risk Factors – Legal and Regulatory Risks for further information. This agreement expires August 31, 2025 and includes renewal provisions. In 2020, our voluntary turnover was 15.4%. As a result, our ordinary course interactions with regulators may be adversely affected. We could also be subject to regulatory actions or private lawsuits. Failure to comply with the S.A.F.E. Act could adversely impact our business. Our strategic plan to return to profitability may not be successful. At December 31, 2020, we had $581.3 million outstanding under these facilities. This may also result in declines in the value of our MSRs. A significant increase in prepayment speeds could adversely affect our financial results. Increases or decreases in interest rates have an impact on prepayment rates. As a result, operational risk is inherent in virtually all of our activities. The timing of closing of our acquisitions is often uncertain.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/873860/000162828021002577/0001628280-21-002577.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 4.34/100
    • Company revenue is not growing faster compared with the industry.

Institutional ownership list is based on filling form information

Holding name Date Amount
MetLife Investment Management, LLC 2019-09-30 66871
MetLife Investment Management, LLC 2019-06-30 59576
MetLife Investment Management, LLC 2019-03-31 59576
MetLife Investment Management, LLC 2018-09-30 55475
METROPOLITAN LIFE INSURANCE CO/NY 2019-09-30 16350
Assets / Liabilities

Bollinger Bollinger Bands for OCWEN FINANCIAL CORP can provide the information where the market is moving based on price information.

OCWEN FINANCIAL CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns OCWEN FINANCIAL CORP.

On-Balance Volume information for OCWEN FINANCIAL CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for OCWEN FINANCIAL CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for OCWEN FINANCIAL CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for OCWEN FINANCIAL CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for OCWEN FINANCIAL CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for OCWEN FINANCIAL CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for OCWEN FINANCIAL CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 26.53 2024-04-26 12:12
2024-05-21 26.24 2024-04-26 12:12
2024-05-22 26.28 2024-04-26 12:12
2024-05-23 26.41 2024-04-26 12:12
2024-05-20 26.16 2024-04-26 12:12
2024-05-27 26.62 2024-04-26 12:12
2024-05-28 26.69 2024-04-26 12:12
2024-05-29 26.76 2024-04-26 12:12
2024-06-07 27.29 2024-04-26 12:12
2024-06-05 27.14 2024-04-26 12:12
2024-05-30 26.84 2024-04-26 12:12
2024-06-03 27.01 2024-04-26 12:12
2024-06-04 27.07 2024-04-26 12:12
2024-05-31 26.93 2024-04-26 12:12
2024-06-06 27.22 2024-04-26 12:12
2024-06-10 27.35 2024-04-26 12:12
2024-06-11 27.42 2024-04-26 12:12
2024-06-12 27.48 2024-04-26 12:12
2024-06-13 27.53 2024-04-26 12:12
2024-06-17 27.64 2024-04-26 12:12
2024-06-18 27.69 2024-04-26 12:12
2024-06-19 27.74 2024-04-26 12:12
2024-06-20 27.79 2024-04-26 12:12
2024-06-14 27.59 2024-04-26 12:12
2024-06-21 27.83 2024-04-26 12:12
2024-05-07 25.06 2024-04-26 12:12
2024-05-13 25.46 2024-04-26 12:12
2024-05-14 25.62 2024-04-26 12:12
2024-05-15 25.76 2024-04-26 12:12
2024-05-16 25.91 2024-04-26 12:12
2024-04-29 24.25 2024-04-26 12:12
2024-05-02 24.90 2024-04-26 12:12
2024-05-03 24.93 2024-04-26 12:12
2024-05-06 24.96 2024-04-26 12:12
2024-05-08 25.21 2024-04-26 12:12
2024-05-09 25.27 2024-04-26 12:12
2024-04-30 24.59 2024-04-26 12:12
2024-05-01 24.84 2024-04-26 12:12
2024-05-17 26.05 2024-04-26 12:12
2024-05-10 25.35 2024-04-26 12:12

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.