Overstock.com (OSTK, $17.82) gets a re-iterated 'buy' rating from DA Davidson
Overstock.com shares jumped Tuesday, following a re-iteration of buy rating from a DA Davidson analyst.
Reiterating a $48 price target on the stock, DA Davidson's Tom Forte said that the internet retail company is experiencing improving trends in its legacy retail business. He also indicated his sanguine view of the company’s blockchain investments.
On Monday, Overstock.com CEO Patrick Byrne raised the company’s full-year EBITDA expectation to $17.5 million. He said that better-than-expected financial results point towards the company's retail business' ability to generate enough cash to cover Blockchain's operating cash burn.
BYON in +8.99% Uptrend, advancing for three consecutive days on August 22, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BYON advanced for three days, in of 243 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 28, 2025. You may want to consider a long position or call options on BYON as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where BYON's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BYON turned negative on August 27, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .
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General Information
a provider of on-line shopping commercial site
Industry InternetRetail
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