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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Oatly Group AB - American Depositary Shares (NASDAQ:OTLY)

Sidelines Mode (+55) - OTLY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_OTLY
Open High Low OTLY Price Change
1.200 1.215 1.130 1.205 -0.005
Entry Signal

MarketClub’s Trade Triangles for OTLY

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.9600

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 1.1300

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.1604

Smart Scan Analysis for OTLY

Based on our trend formula, OTLY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OTLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.200 1.215 1.130 1.205 -0.005
Prev. Close Volume Bid Ask Time
1.200 1955812 2024-05-08 15:59:37
52wk High2.3752wk High Date2023-05-10
52wk Low0.4452wk Low Date2023-10-26
Average Volume2,068,336Assets111,697,100M
Liabilities782,977,000MP/E Ratio-3.86440000
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