Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

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

Long-Term Downtrend (-90) - OTLY is in a strong downtrend that is likely to continue. While OTLY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.62 1.74 1.61 1.72 +0.11
Entry Signal

MarketClub’s Trade Triangles for OTLY

long term down The long-term trend has been DOWN since May 16th, 2023 at 1.9300

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2023 at 2.2589

short term down The short-term trend has been DOWN since May 12th, 2023 at 2.1000

Smart Scan Analysis for OTLY

Based on our trend formula, OTLY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OTLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.62 1.74 1.61 1.72 +0.11
Prev. Close Volume Bid Ask Time
1.61 3884937 2023-06-02 15:59:57
52wk High4.652wk High Date2022-06-08
52wk Low1.2852wk Low Date2022-12-20
Average Volume3,178,859Assets124,799,500M
Liabilities368,816,000MP/E Ratio-3.86440000
Get a free daily analysis and signals for Oatly Group AB - American Depositary Shares (OTLY) - Request Your Free Report.