Trading Signals: OEG Stock Price Prediction and Forecast (Mon. Jan. 25, 2016 - Mon. Jun. 14, 2021)(Orbital Energy Group)
| OEG latest price $7.7800 (-3.71%) ($7.7800 - $7.7800) on Fri. Jan. 29, 2021. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 15.66% (three month average) | | RSI | 82 | | Latest Price | $7.7800(-3.71%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | OEG advances 7.1% a day on average for past five trading days. | | Weekly Trend | OEG advances 54.3% a week on average for past two weeks. | | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | | Correlated ETFs | Broad market will support OEG advance at 0% a week (0% probability)
TIP(22%) VIXM(14%) EWG(12%) EWY(12%) JNK(11%) | | Factors Impacting OEG price | OEG will decline at least -7.83% in a week (0% probabilities).
UUP(-20%) XLE(-24%) XLB(-18%) XOP(-17%) URA(-16%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | | | | | | Market Trend Strength | -7.83% (StdDev 15.66%) | | Hourly BBV | -1 () | | Intraday Trend | 0% | | | | | |
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| Inflection Point | Yes | | 5 Day Moving Average | $8.42(-7.6%) | | 10 Day Moving Average | $6.46(20.43%) | | 20 Day Moving Average | $4.9(58.78%) | | To recent high | -17.2% | | To recent low | 55.6% | | Market Cap | $359m | | | | | | |
Orbital Energy Group, Inc. engages in the design, installation, and commissioning of industrial gas sampling, measurement, and delivery systems for energy, power, and processing markets in the United States and the United Kingdom. It also provides engineering, construction, maintenance, and emergency response solutions to the power, utilities, and midstream markets; and engineering, procurement, and construction services in the renewable energy industry The company, formerly known as CUI Global, Inc., was founded in 1998 and is based in Houston, Texas. |