Bank OZK (OZK) is currently trading at $45.24 as of 2025-03-10. The stock has entered oversold territory with an RSI of 29.3, indicating potential buying opportunities. The MACD is bearish, but the stock is near a support level of $44.55.
Recent news highlights OZK's attractive dividend yield of 3.70% and its oversold status. Despite bearish analyst sentiment, the stock has shown resilience with a 10% rally after positive earnings surprises.
The stock is trading near the S1 support level of $44.55, with a pivot point at $46.45. Resistance levels are at $48.35 and $49.52.
Based on the oversold condition and nearby support, OZK is likely to see a short-term rebound. The target price for the next trading week is $46.45.
Recommendation: Buy OZK with a target price of $46.45 and a stop-loss at $43.37.
The price of OZK is predicted to go up -7.01%, based on the high correlation periods with KNX. The similarity of these two price pattern on the periods is 97.81%.
OZK
KNX
Stephens & Co.
2025-01-21
Price Target
$53 → $57
Upside
+12.78%
Wells Fargo
2025-01-21
Price Target
$40 → $48
Downside
-5.03%
UBS
2024-12-17
Price Target
$48 → $51
Upside
+9.87%