OVT Overlay Shares Short Term Bond ETF Forecast, Technical & Fundamental Analysis

OVT in upward trend: price rose above 50-day moving average on January 21, 2026

OVT 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. In of 33 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 29, 2026. You may want to consider a long position or call options on OVT as a result. In of 84 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 OVT just turned positive on January 29, 2026. Looking at past instances where OVT's MACD turned positive, the stock continued to rise in of 51 cases 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 OVT advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

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