Oblong inc
US StockTechnology
OBLG Swing Trading Score
3
24
15
Strong Bullish
- AI analysis rates OBLG with a higher swing trading score of 4.
- It is mainly due to the relatively low short-term volatility,along with the relatively low stock price.
OBLG Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
OBLG Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of OBLG from 2007/01 till Now
- -99.78%
- Cumulative Return
- -30.54%
- Annual Return
- 66.14%
- Volatility
- -0.46
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to December, 2023. (Total Trades: 157)
| OBLG | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 32% | 38% | 40% |
| Avg Return | -2.6% | 5.1% | 2.6% |
| Avg Profit | 11.9% | 27% | 17.8% |
| Avg Loss | -10.1% | -8.7% | -7.6% |
| Avg Risk-Reward Ratio | 117.7% | 310% | 235.4% |
Update to 2023/12/2 (Monthly Update)