As this happened, B. Riley Securities initiated its Oklo Inc [OKLO] rating to a Buy in a research note published on September 19, 2024; the price target was $10. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who began to cover the stock in early September with a ‘”a Neutral”‘ rating. Citigroup began covering OKLO with “Neutral” recommendation on June 04, 2024.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance Review of OKLO
On Tuesday, Oklo Inc [NYSE:OKLO] saw its stock fall -8.31% to $18.42. Over the last five days, the stock has lost -8.49%. Oklo Inc shares have risen nearly 74.43% since the year began. Nevertheless, the stocks have risen 77.80% over the past one year. While a 52-week high of $28.12 was reached on 10/30/24, a 52-week low of $5.35 was recorded on 09/09/24. SMA at 50 days reached $18.97, while 200 days put it at $11.94.
Levels Of Support And Resistance For OKLO Stock
The 24-hour chart illustrates a support level at 17.73, which if violated will result in even more drops to 17.03. On the upside, there is a resistance level at 19.67. A further resistance level may holdings at 20.92. The Relative Strength Index (RSI) on the 14-day chart is 43.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.29%. Stochastics %K at 18.92% indicates the stock is a buying.
How much short interest is there in Oklo Inc?
A steep rise in short interest was recorded in Oklo Inc stocks on 2024-10-31, growing by 6.56 million shares to a total of 15.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 8.58 million shares. There was a rise of 43.35%, which implies that there is a positive sentiment for the stock.
