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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

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

Sidelines Mode (+55) - OTLY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.23 1.25 1.21 1.25 0.00
Entry Signal

MarketClub’s Trade Triangles for OTLY

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.96

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 1.13

short term down The short-term trend has been DOWN since May 17th, 2024 at 1.23

Smart Scan Analysis for OTLY

Based on our trend formula, OTLY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OTLY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.23 1.25 1.21 1.25 0.00
Prev. Close Volume Bid Ask Time
1.24 698657 2024-05-20 15:59:39
52wk High2.3252wk High Date2023-07-19
52wk Low0.4452wk Low Date2023-10-26
Average Volume1,897,612Assets111,697,100M
Liabilities782,977,000MP/E Ratio-3.86440000
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