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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Overlay Shares Large Cap Equity ETF (PACF:OVL)
Sidelines Mode (+55) - OVL 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 OVL?
MarketClub looks at technical strength and momentum to determine if the timing is right for OVL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OVL
The long-term trend has been UP since Dec 8th, 2023 at 36.4651
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 41.0500
The short-term trend has been UP since Apr 24th, 2024 at 39.9814
Smart Scan Analysis for OVL
Based on our trend formula, OVL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.4700 | 40.5400 | 40.4784 | 40.5001 | +0.5923 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.9078 | 1530 | 2024-04-26 10:54:08 |
| 52wk High | 42.6111 | 52wk High Date | 2024-03-28 |
| 52wk Low | 31.7282 | 52wk Low Date | 2023-10-27 |
| Average Volume | 74,582 |