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.
MarketClub’s Trade Triangles for OTLY
The long-term trend has been DOWN since May 16th, 2023 at 1.9300
The intermediate-term trend has been DOWN since Apr 10th, 2023 at 2.2589
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).
|52wk High||4.6||52wk High Date||2022-06-08|
|52wk Low||1.28||52wk Low Date||2022-12-20|