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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Overlay Shares Short Term Bond ETF (PACF:OVT)
Bull Market Weakness (+75) - OVT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OVT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for OVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OVT
The long-term trend has been DOWN since Apr 19th, 2024 at 21.37
The intermediate-term trend has been UP since May 6th, 2024 at 21.66
The short-term trend has been UP since May 3rd, 2024 at 21.65
Smart Scan Analysis for OVT
Based on our trend formula, OVT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.7200 | 21.8500 | 21.7200 | 21.7567 | -0.0494 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.7914 | 27430 | 2024-05-08 14:35:28 |
| 52wk High | 22.34 | 52wk High Date | 2024-03-27 |
| 52wk Low | 20.4601 | 52wk Low Date | 2023-10-30 |
| Average Volume | 61,559 |