OWLT's Stochastic Oscillator is staying in oversold zone for 3 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OWLT advanced for three days, in of 199 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 109 cases where OWLT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on OWLT as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for OWLT turned negative on December 18, 2024. 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 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .
OWLT moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for OWLT crossed bearishly below the 50-day moving average on December 18, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where OWLT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
OWLT and Stocks
Correlation & Price change
A.I.dvisor tells us that OWLT and SQ have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OWLT and SQ's prices will move in lockstep.
| Ticker / NAME | Correlation To OWLT | 1D Price Change % | ||
|---|---|---|---|---|
| OWLT | 100% | N/A | ||
| SQ - OWLT | 28% Poorly correlated | -0.40% | ||
| INGN - OWLT | 27% Poorly correlated | -0.59% | ||
| SSNC - OWLT | 26% Poorly correlated | -0.54% | ||
| IRTC - OWLT | 25% Poorly correlated | -1.91% | ||
| TCMD - OWLT | 25% Poorly correlated | -0.82% | ||
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Groups containing OWLT
Correlation & Price change
| Ticker / NAME | Correlation To OWLT | 1D Price Change % |
|---|---|---|
| OWLT | 100% | N/A |
| Medical Specialties category (434 stocks) | 10% Poorly correlated | +0.94% |