Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
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.
MarketClub’s Trade Triangles for OBLG
The long-term trend has been DOWN since Feb 17th, 2021 at 5.2200
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 2.1501
The short-term trend has been UP since Oct 13th, 2021 at 2.0273
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).
|52wk High||12.25||52wk High Date||2020-11-30|
|52wk Low||1.91||52wk Low Date||2021-10-06|
|Average Volume||68,073||Shares Outstanding||30,616|