RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of OLB
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

The OLB Group, Inc. stock price ended at $0.571 on Thursday, after losing 1.70%.
(Updated on Mar 28, 2024)

Sell candidate since Jan 30, 2024 Loss -32.47% PDF

The The OLB Group, Inc. stock price fell by -1.70% on the last day (Thursday, 28th Mar 2024) from $0.581 to $0.571. During the last trading day the stock fluctuated 5.06% from a day low at $0.571 to a day high of $0.600. The price has fallen in 6 of the last 10 days and is down by -13.47% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -240 shares and in total, 26 thousand shares were bought and sold for approximately $14.82 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -26.80% during the next 3 months and, with a 90% probability hold a price between $0.355 and $0.536 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

OLB Signals & Forecast

There are few to no technical positive signals at the moment. The The OLB Group, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.610 and $0.691. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, January 22, 2024, and so far it has fallen -39.18%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for The OLB Group, Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0289 between high and low, or 5.06%. For the last week the stock has had daily average volatility of 7.40%.

The OLB Group, Inc. is oversold on RSI14 (16). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (OLB) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect The OLB Group, Inc. to open at $0.581, and during the day (based on 14 day Average True Range), to move between $0.519 and $0.623, which gives a possible trading interval of +/-$0.0521 (+/-9.12%) up or down from last closing price. If The OLB Group, Inc. takes out the full calculated possible swing range there will be an estimated 18.24% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.606, some $0.0351 (6.15%) from the current price of $0.571, our system finds the risk reward not very attractive.

Is The OLB Group, Inc. stock A Buy?

The OLB Group, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -5.779 Strong Sell Candidate Unchanged

Predicted Opening Price for The OLB Group, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$0.581 ( 1.68%) $0.571

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for OLB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.610 6.74 %
R2 0.599 4.80 %
R1 0.592 3.61 %
Current price: 0.571
Support S1 0.570 -0.258 %
S2 0.563 -1.45 %
S3 0.552 -3.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.700 22.59 %
R2 0.683 19.65 %
R1 0.606 6.15 %
Current price 0.571
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for The OLB Group, Inc. Stock and on which exchange is it traded?
The symbol for The OLB Group, Inc. is OLB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The OLB Group, Inc. Stock?
The OLB Group, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy The OLB Group, Inc. Stock?
The OLB Group, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The OLB Group, Inc. Stock.

What's the current price of The OLB Group, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an The OLB Group, Inc. (OLB) share was $0.571.

What is the 52-week high and low for The OLB Group, Inc. Stock?
The 52-week high for The OLB Group, Inc. Stock is $1.20 and the 52-week low is $0.535.

What is the market capitalization of The OLB Group, Inc. Stock?
As of the 2024-03-28, the market capitalization of The OLB Group, Inc. is 10.331M.

When is the next earnings date for The OLB Group, Inc.?
The upcoming earnings date for The OLB Group, Inc. is Apr 04, 2024.
Click to get the best stock tips daily for free!

About The OLB Group, Inc.

The OLB Group. The OLB Group, Inc. provides integrated financial and transaction processing services for small- and mid-sized merchants in the United States. The company operates a Crowdfunding platform used to facilitate a capital raise anywhere of various types of securities under Regulation D, Regulation Crowdfunding, Regulation A, and the Securities Act of 1933; a cloud-based business management platform that provides turnkey solutions for merchants to enab... OLB Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT