Oatly Group AB (OTLY, $8.94) entered Downtrend as Momentum indicator drops below 0 level on Mar 03, 2025

#BeveragesNonAlcoholic, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #SmallCap
OTLY - Oatly Group AB
Momentum signal
Bearish Trend
90%
Odds of DOWN Trend
Price: $8.94
Daily change: -$1.7 (-15.98%)
Daily volume: 523K
Industry: Beverages: Non-Alcoholic

This indicator may be signaling that OTLY's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 53 similar cases where OTLY's Momentum Indicator fell below the 0 level, and 52 of them led to a successful outcome. Odds of Success: 90%.