OVLY Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending OVLY on February 05, 2024, netting in a 7.12% gain over 2 months

A.I.dvisor
at Tickeron.com
02/08/24
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+7.12% Gain from a Successful pattern Broadening Wedge Ascending
OVLY - Oak Valley Bancorp (CA)
Ticker: OVLY
Company: Oak Valley Bancorp (CA)
Gain from shortening: +7.12%
Confirmed: 02/05/24
Succeeded: 02/07/24
Total length: 62 days
On December 07, 2023, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Oak Valley Bancorp (CA) (OVLY, $26.78). 60 days later, on February 05, 2024, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 07, 2024, the stock hit the target price of $24.05 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
125 North Third Avenue
Phone
+1 209 848-2265
Employees
207
Web
http://www.ovcb.com