OVLY Stock Summary and Trading Ideas (Oak Valley Bancorp (Ca) | NASDAQ:OVLY)

Oak Valley Bancorp is a bank holding company which operates through Oak Valley Community Bank (the Bank). The Bank offers a complement of business checking and savings accounts for its business customers. The Bank also offers commercial and real estate loans, as well as lines of credit. In addition, the bank provides other services for both individuals and businesses including online banking, remote deposit capture, mobile banking, merchant services, night depository, extended hours, wire transfer of funds, note collection, and automated teller machines in a national network. Its primary source of revenue is net interest income.

Oak Valley Bancorp (Ca) trades on the NASDAQ stock market under the symbol OVLY.

As of May 2, 2024, OVLY stock price declined to $24.35 with 4,544 million shares trading.

OVLY has a market cap of $203.56 million. This is considered a Small Cap stock.

In the last 3 years, OVLY stock traded as high as $30.70 and as low as $16.52.

The top ETF exchange traded funds that OVLY belongs to (by Net Assets): VTI, IWM, VXF, IWN, BSVO.

OVLY has underperformed the market in the last year with a return of -1.7%, while the SPY ETF gained +23.2%. In the last 3 month period, OVLY fell short of the market, returning -6.2%, while SPY returned +3.6%. However, in the most recent 2 weeks OVLY has outperformed the stock market by returning +4.2%, while SPY returned +0.9%.

OVLY support price is $23.80 and resistance is $25.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OVLY stock will trade within this expected range on the day.