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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Oblong Inc. (NASDAQ:OBLG)

Countertrend Down (-85) - OBLG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid OBLG?

MarketClub looks at technical strength and momentum to determine if the timing is right for OBLG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OBLG
Open High Low OBLG Price Change
0.1160 0.1169 0.1112 0.1134 -0.0002
Entry Signal

MarketClub’s Trade Triangles for OBLG

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 0.129449

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.125000

short term up The short-term trend has been UP since May 2nd, 2024 at 0.119400

Smart Scan Analysis for OBLG

Based on our trend formula, OBLG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OBLG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1160 0.1169 0.1112 0.1134 -0.0002
Prev. Close Volume Bid Ask Time
0.1136 342486 2024-05-09 15:25:17
52wk High1.84552wk High Date2023-05-30
52wk Low0.101552wk Low Date2024-04-25
Average Volume497,870Shares Outstanding16,685
Assets6,925,000MLiabilities1,424,000M
P/E Ratio-0.19390000
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