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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
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 DOWN since Oct 3rd, 2023 at 33.52
The intermediate-term trend has been UP since Nov 10th, 2023 at 34.66
The short-term trend has been DOWN since Dec 4th, 2023 at 36.01
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 |
|---|---|---|---|---|
| 36.2300 | 36.2700 | 36.0062 | 36.2700 | -0.1490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.4190 | 20267 | 2023-12-04 15:55:14 |
| 52wk High | 36.75 | 52wk High Date | 2023-07-27 |
| 52wk Low | 30 | 52wk Low Date | 2022-12-28 |
| Average Volume | 72,442 |