Oak Valley Bancorp Stock Technical Analysis

OVLY Stock  USD 29.70  0.84  2.91%   
As of the 12th of November 2024, Oak Valley holds the Risk Adjusted Performance of 0.0699, coefficient of variation of 1210.94, and Semi Deviation of 1.88. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oak Valley, as well as the relationship between them.

Oak Valley Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oak, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oak
  
Oak Valley's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Oak Valley technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Oak Valley technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oak Valley trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Oak Valley Bancorp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Oak Valley Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oak Valley Bancorp Trend Analysis

Use this graph to draw trend lines for Oak Valley Bancorp. You can use it to identify possible trend reversals for Oak Valley as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Oak Valley price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Oak Valley Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oak Valley Bancorp applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Oak Valley Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 62.39, which is the sum of squared deviations for the predicted Oak Valley price change compared to its average price change.

About Oak Valley Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Oak Valley Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Oak Valley Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oak Valley Bancorp price pattern first instead of the macroeconomic environment surrounding Oak Valley Bancorp. By analyzing Oak Valley's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Oak Valley's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Oak Valley specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2024 (projected)
Dividend Yield0.01680.0175
Price To Sales Ratio2.613.41

Oak Valley November 12, 2024 Technical Indicators

Most technical analysis of Oak help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Oak from various momentum indicators to cycle indicators. When you analyze Oak charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Oak Valley November 12, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Oak stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Oak Stock Analysis

When running Oak Valley's price analysis, check to measure Oak Valley's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oak Valley is operating at the current time. Most of Oak Valley's value examination focuses on studying past and present price action to predict the probability of Oak Valley's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oak Valley's price. Additionally, you may evaluate how the addition of Oak Valley to your portfolios can decrease your overall portfolio volatility.