That’s it for Oatly!

by Sentiment Analyst |

What signals does the RSI show for Oatly?

To assess whether a security is currently “overbought” or “oversold”, the upward and downward movements over time can be put into relation. This provides the so-called Relative Strength Index (RSI), an indicator from technical analysis which is often used in the financial market. We now evaluate Oatly using the shorter-term RSI of the last 7 days as well as the slightly longer-term RSI on a 25-day basis. First, the 7-day RSIthis is currently at 87.93 points, which means that Oatly stock is overbought. Accordingly, it gets a “sell” rating. Now to the RSI25The RSI25 is at 60.67, which means that Oatly is neither overbought nor -sold here, unlike the RSI7. The security is thus deviantly rated as “Hold”. This gives Oatly a “Sell” rating for this point in our analysis.

Oatly: What do the banks recommend?

Analysts currently rate Oatly stock a “Buy”. This rating is made up of 5 “Buy”, 2 “Hold” and 1 “Sell” ratings issued over the last twelve months. In a second view, the rating of the analysts for the past month is also interesting. Here, the following picture has emerged0 Buy, 2 Hold, 0 Sell. Thus, the latest analyses lead to an overall rating of “Hold”. Taking the analysts’ average price forecast as a basis ($9.95), the security has an upside potential of 521.88 percent (based on the last closing price, $1.6), which corresponds to a “Buy” recommendation. All in all, Oatly gets a “Buy” rating for this section of the analysis.

What do the majority of shareholders think?

A measure of sentiment around stocks, in addition to analysis from banking institutions, is the long-term sentiment among investors and users on the Internet. The number of posts over a long period of time, as well as changes in sentiment, provide a good long-term picture of sentiment. We analyzed Oatly’s stock for these two factors. The post count or discussion intensity showed below average activity, from which we believe a “Sell” rating can be generated. The rate of change in sentiment for Oatly experienced little change during this period. This corresponds to a “Hold” rating. To that extent, we give Oatly’s stock a “Sell” rating with respect to the long-term sentiment picture.

What is investor sentiment?

Share prices can be assessed by soft factors such as sentiment, in addition to hard factors such as balance sheet data. Our analysts looked at Oatly on social platforms and measured that the comments or findings have been overwhelmingly negative. In addition, social media users around Oatly have been mostly negative over the past two days. Thus, the stock receives a “Sell” rating for this observation. Thus, the editorial team comes to the conclusion that Oatly must be classified as “Sell” in terms of sentiment.