OVL Stock Overlay Shares Large Cap Equity ETF (OVL, $54.07) entered Uptrend as Momentum indicator ascends above 0 level on Feb 02, 2026

GET DAILY SIGNALS

Get AI intraday signals

OVL - Overlay Shares Large Cap Equity ETF

Momentum signal

View

Odds of UP Trend

Price: $54.07

Daily change: +$0.27 (+0.5%)

Daily volume: 10.6K

Net Assets: $183.8M

This indicator may be signaling that OVL's price has momentum to move higher, since its current price exceeds the price logged 14 days ago. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 70 similar cases where OVL's Momentum Indicator exceeded 0, and of them led to a successful outcome. Odds of Success:

Momentum Indicator for OVL turns positive, indicating new upward trend

OVL saw its Momentum Indicator move above the 0 level on February 02, 2026. 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 70 similar instances where the indicator turned positive. In of the 70 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

OVL moved above its 50-day moving average on January 21, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OVL advanced for three days, in of 376 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 397 cases where OVL 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Moving Average Convergence Divergence Histogram (MACD) for OVL turned negative on February 03, 2026. 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 60 similar instances when the indicator turned negative. In of the 60 cases the stock turned lower in the days that followed. This puts the odds of success at .

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