Taking everything into account, OLO scores 10 out of 10 in our technical rating. In the last year, OLO was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, OLO did better than 96% of all other stocks. We also observe that the gains produced by OLO over the past year are nicely spread over this period.
OLO is part of the Software industry. There are 283 other stocks in this industry. OLO outperforms 92% of them.
A new 52 week high is currently being made by OLO, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so OLO is leading the market.
In the last month OLO has a been trading in the 5.75 - 8.83 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
OLO has an average volume of 1466330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.