OWLT in upward trend: 10-day moving average broke above 50-day moving average on February 10, 2025
The 10-day moving average for OWLT crossed bullishly above the 50-day moving average on February 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 21, 2025. You may want to consider a long position or call options on OWLT as a result. In of 79 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 OWLT just turned positive on January 23, 2025. Looking at past instances where OWLT's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .
OWLT moved above its 50-day moving average on February 04, 2025 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 OWLT advanced for three days, in of 207 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 127 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 RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
OWLT broke above its upper Bollinger Band on February 21, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
OWLT and Stocks
Correlation & Price change
A.I.dvisor tells us that OWLT and XYZ have been poorly correlated (+30% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that OWLT and XYZ's prices will move in lockstep.
| Ticker / NAME | Correlation To OWLT | 1D Price Change % | ||
|---|---|---|---|---|
| OWLT | 100% | -0.20% | ||
| XYZ - OWLT | 30% Poorly correlated | +0.21% | ||
| STNE - OWLT | 23% Poorly correlated | +3.27% | ||
| DCBO - OWLT | 22% Poorly correlated | -0.77% | ||
| GWRE - OWLT | 22% Poorly correlated | +1.52% | ||
| LGTY - OWLT | 22% Poorly correlated | +0.07% | ||
More | ||||
Groups containing OWLT
Correlation & Price change
| Ticker / NAME | Correlation To OWLT | 1D Price Change % |
|---|---|---|
| OWLT | 100% | -0.20% |
| Medical Specialties category (436 stocks) | 26% Poorly correlated | -1.48% |