Question 1

What does the Stochastic Oscillator suggest about OTLY's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did OTLY's Momentum indicator behave recently?

Accepted Answer

OTLY saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator turned positive. In 31 of the 43 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for OTLY?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for OTLY just turned positive on August 15, 2024. Looking at past instances where OTLY's MACD turned positive, the stock continued to rise in 21 of 32 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 10-day moving average indicator for OTLY?

Accepted Answer

The 10-day moving average for OTLY crossed bearishly below the 50-day moving average on July 31, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 8 of 8 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 0%.

Question 5

What does a 3-day decline signify for OTLY's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OTLY declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.

Question 6

How does the Aroon Indicator reflect on OTLY's trend?

Accepted Answer

The Aroon Indicator for OTLY entered a downward trend on August 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

OTLY Stock Oatly Group AB (OTLY, $1.05) RSI Indicator left the oversold zone on June 06, 2024

Momentum Indicator for OTLY turns positive, indicating new upward trend

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