Third down week, but the pace eases
Oscar Health slips 3.1% but the slide eases: a double bottom near 27
Third down week, but the pace eases
Our view last week
The picture on Oscar Health cools for a second straight week: after last week's 5.1% drop the selling pressure holds but eases, to 75% of volume against 82% before, and the stock sheds another 4.7%. The weekly RSI keeps falling, down to 68.6 from a peak of 79.9, while price stays boxed between resistance in the 29.65 area and support in the 28.76 area. The trade is running past 101% in profit.
This week's summary
Oscar Health's cooldown enters its third week: after the 5.1% and 4.7% drops in the prior two weeks, this one closes at 3.1%, a lighter step even as sell volume climbs to 97% of the tape. On the daily chart the stock has already carved a clean double bottom in the 27 area, with an intermediate 13% rebound. Oscar Health remains a notable case in this week's technical analysis: RSI eases to 65.5 from a peak of 79.9, and the open long is still running past 95% in profit.
IQS Phase
48
ordinary
Signal Strength
87
high · wide & volatile
Sizing
FULL
Ranking
#6 / 124
US stocks in progress
Trade P&L %
+95.09%
from signal to today
Rank position
ranks 6th among the 124 Longs already running for US stocks in our ranking, with a signal strength of 87 out of 100.
Sector context
SectorHealth Care
Benchmark ETFXLV
Sector regimein positive regime
Performanceweekly +0.92% · monthly +6.01%
OSCR belongs to the health care sector (reference ETF XLV). The sector is classified in positive regime according to our weekly reading.
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