OVL Overlay Shares Large Cap Equity ETF Forecast, Technical & Fundamental Analysis

OVL in -1.91% downward trend, declining for three consecutive days on December 17, 2025

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where OVL declined for three days, in of 255 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where OVL's RSI Oscillator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 22, 2025. You may want to consider a long position or call options on OVL as a result. In of 70 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for OVL just turned positive on December 24, 2025. Looking at past instances where OVL's MACD turned positive, the stock continued to rise in of 60 cases over the following month. The odds of a continued upward trend are .

OVL moved above its 50-day moving average on December 18, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for OVL crossed bullishly above the 50-day moving average on December 03, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OVL advanced for three days, in of 373 cases, the price rose further within the following month. The odds of a continued upward trend are .

OVL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 402 cases where OVL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .