Overall market sentiment has been high on Oak Valley Bancorp (OVLY) stock lately. OVLY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Oak Valley Bancorp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on OVLY!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With OVLY Stock Today?
Oak Valley Bancorp (OVLY) stock is trading at $19.43 as of 2:41 PM on Monday, Oct 24, a rise of $0.35, or 1.83% from the previous closing price of $19.08. The stock has traded between $18.28 and $20.10 so far today. Volume today is above average. So far 11,122 shares have traded compared to average volume of 8,882 shares.
More About Oak Valley Bancorp
Oak Valley Bancorp is a bank holding company which operates through Oak Valley Community Bank (the Bank). The Bank offers a complement of business checking and savings accounts for its business customers. The Bank also offers commercial and real estate loans, as well as lines of credit. In addition, the bank provides other services for both individuals and businesses including online banking, remote deposit capture, mobile banking, merchant services, night depository, extended hours, wire transfer of funds, note collection, and automated teller machines in a national network. Its primary source of revenue is net interest income.
Click Here to get the full Stock Report for Oak Valley Bancorp stock.
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