Technical Analysis: Based on recent price action, OSCR has shown a downward trend, falling from $16.79 to $15.67 over the past trading sessions.
Volume Analysis: Trading volume has increased to 4.68M shares, above the recent average, indicating stronger selling pressure.
Key Technical Levels:
News Impact: Recent options activity shows significant interest in OSCR, with implied volatility suggesting an 11.6% potential move. The high call-to-put ratio of 8:1 indicates bullish sentiment among options traders.
Price Prediction for Next Week: Based on technical indicators and news sentiment:
Recommendation: SELL Rationale:
Target entry: $15.90 Stop loss: $16.50 Take profit: $14.80
The price of OSCR is predicted to go up 36.06%, based on the high correlation periods with BLBD. The similarity of these two price pattern on the periods is 91.72%.
OSCR
BLBD
Jefferies
2024-12-10
Price Target
$12
Downside
-20.16%
UBS
2024-10-07
Price Target
$23
Upside
+24.46%