Stock Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Oblong Inc. (NASDAQ:OBLG)
Countertrend Down (-85) - OBLG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid OBLG?
MarketClub looks at technical strength and momentum to determine if the timing is right for OBLG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OBLG
The long-term trend has been DOWN since Dec 22nd, 2022 at 0.129449
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 2.220000
The short-term trend has been UP since Mar 21st, 2023 at 1.540000
Smart Scan Analysis for OBLG
Based on our trend formula, OBLG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||13.5||52wk High Date||2022-03-29|
|52wk Low||1.25||52wk Low Date||2023-03-20|
|Average Volume||30,427||Shares Outstanding||2,063|