OATLY GROUP AB (OTLY) Stock Technical Analysis
NASDAQ:OTLY - Nasdaq - US67421J2078 - ADR - Currency: USD
Taking everything into account, OTLY scores 8 out of 10 in our technical rating. Although OTLY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
OTLY is part of the Food Products industry. There are 91 other stocks in this industry. OTLY outperforms 76% of them.
OTLY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that OTLY is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
OTLY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OTLY is lagging the market slightly.
OTLY has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.59
15.52
3 important support areas can be observed.
- A support zone ranging from 14.93 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.51 from a horizontal line in the daily time frame.
- Support @13.73 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.12 to 15.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for OTLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OTLY is up. |
| ChartMill Relative Strength | 70.99 | POSITIVE | OTLY has a high relative strength, it outperformed 70.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OTLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OTLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of OTLY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.35 | NEUTRAL | The RSI value for OTLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests OTLY has a negative trend. |
| Stochastics (14,3) | 81.97 | OVERBOUGHT | The high Stochastics value suggests OTLY may be overbought. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for OTLY suggests high volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for OTLY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.38 | 14.92 | 0.46 (2.99%) | 25.00% |
| An entry @15.38. This is a Buy Stop order right above the resistance zone. | An exit @14.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.46 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of OTLY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:OTLY (8/1/2025, 8:00:02 PM)
15.07
-0.15 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.99%
1 Week-0.33%
2 Weeks0.67%
1 Month19.13%
3 Month40.32%
6 Month22.28%
12 Month-17.2%
2 Year-38.74%
3 Year-76.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%5.01%
ATR Inc11.91%
Range Today0.69
ADR(20)0.75
ADR(20)%4.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.99
Mansfield0.62
10 Day High15.53
10 Day Low13.97
20 Day High15.53
20 Day Low12.15
52 Week High20.8
52 Week Low6
CS1 End15.06
CR1 Start15.12
Volume & EV
DER(3)11.71%
DER(5)2.88%
Volume111.00K
Volume Incr5.71%
Vol(5)148.74K
Vol(50)137.67K