Overstock (OSTK, $19.47) gets a re-iterated 'buy' from DA Davidson analyst, on interim CEO's leadership potential
Overstock shares climbed at the close of trading on Monday, following D.A. Davidson’s rating.
A D.A. Davidson analyst reiterated a buy rating on the internet retailer’s stock. The analyst’s price target on the shares is $48.
Senior research analyst Tom Forte indicated in a note that DA Davidson believes that Overstock's Interim CEO, Jonathan Johnson (who is also the chairman of tZero) is well positioned to lead Overstock (including its Medici Ventures' effort that includes tZero). In recent times, Overstock is looking to branch out (from its e-commerce business) to offer blockchain services, including its tZero cryptocurrency.
Last month, Overstock’s long-time CEO Patrick Byrne resigned citing distraction and fallout related to his involvement in a Federal Bureau of Investigation Russian espionage probe.
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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