Ocado Group Price: OCDO Deepens Declines, Following Reversals

PUBLISHED: 16 Sep 2025 @ 16:00 | Comments (0) | More info about Azeez Mustapha

Barely a couple of days into the sessions of August’s final month, Ocado Group Plc (LSE:OCDO) shareholders began taking profits as the price approached the 400 resistance level, prompting the market to reverse and thereby deepening the subsequent declines.

The recent activity around the 400 resistance level triggered profit-taking among Ocado Group Plc shareholders, leading to noticeable reversals. This behavior highlights the market’s sensitivity to overhead supply, with momentum indicators suggesting weakening upward pressure. The decline signals a cautious phase, as selling dominance temporarily overshadows bullish attempts, reinforcing the significance of resistance-driven corrections in the stock’s trajectory.

Resistance Levels: 325, 350, 375
Support Levels: 200, 175, 150

Will OCDO Plc Stock Continue Deepening Declines After Recent Market Reversals Below the 15-Day EMA?

The OCDO Plc stock faces pressure as it trades below the 15-day EMA, reinforcing bearish sentiment, with recent reversals deepening declines and limiting near-term recovery attempts.

A long, formidable bearish candlestick has emerged to heighten the trade status, with selling pressure now overwhelming the opposing direction. The 15-day EMA has freshly turned southward above the 50-day EMA, positioning closely near the 300 level. Meanwhile, the Stochastic Oscillators have traversed southbound into the oversold region, reinforcing the prevailing bearish sentiment.

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