Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Otonomy, Inc. (NASDAQ:OTIC)
Bull Market Weakness (+75) - OTIC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OTIC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OTIC?
MarketClub looks at technical strength and momentum to determine if the timing is right for OTIC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OTIC
The long-term trend has been DOWN since Feb 22nd, 2021 at 3.38
The intermediate-term trend has been UP since Sep 13th, 2021 at 1.60
The short-term trend has been UP since Oct 22nd, 2021 at 1.93
Smart Scan Analysis for OTIC
Based on our trend formula, OTIC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||6.45||Year High Date||2018-03-02|
|Year Low||2.16||Year Low Date||2018-10-30|
|52wk High||6.983||52wk High Date||2021-01-06|
|52wk Low||1.14||52wk Low Date||2021-08-20|
|Average Volume||263,289||Shares Outstanding||56,681|