$OTRK potential ideanot financial advice - risk to reward good - keep tight stop loss as gap fill down below it. Potential upside gap fill. Not in but on watchlist.
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−10.58 USD
−27.92 M USD
12.74 M USD
2.28 M
About Ontrak, Inc.
Sector
Industry
CEO
Brandon H. LaVerne
Website
Headquarters
Miami
Founded
2003
FIGI
BBG000DPG4M9
Ontrak, Inc. engages in the provision of data analytics based behavioral health management and integrated treatment services to health plans. It offers services through its Ontrak platform solution, which is designed to improve member health, and at the same time, lower costs to the insurer for underserved populations where behavioral health conditions cause or exacerbate co-existing medical conditions. The company was founded by Terren S. Peizer on February 13, 2003 and is headquartered in Miami, FL.
$OTRKHuge volume day on the daily chart.
Massive down trend. Could be a signal of a reversal starting.
Classic bullish divergence confirmed on the weekly MACD.
Gap to fill @ $ 20.57.
Stop = Under $10
Target = $20.22 (Gap fill)
Stage Analysis Set Up - Text BookThis one is clean! Jus wait for it to break out of the Stage 1 zone and over the 30 WK Ma. Good Luck!
OTRK LongLooks pretty good on weekly and daily, climbing up after finding the swing low. Above most lower moving averages. The short interest doesn't really bother me as I still believe overall the risk reward is so good here people will take their positions.
Ontrak seems not to want to forget the prices of the pastThe company Ontrak has always proved to be an excellent partner for care centers, unfortunately in recent months one of their major customers has decided to abandon the contract with the company Ontrak.
This has led to a rapid decline in prices, but the company is proving to have a good basis to s
Ontrak looking very compressed with a big gap to fill.Just one for interest. I found it on a site that lists the top most shorted stocks and OTRK sites at around 40% short interest.
I'm wondering if there might be a short squeeze about to play out.
Bollingers are crazy compressed and there is a big 80% gap so even a small rise could be interesting.
Possible Short Squeeze? Float = 7.53M
Short Stocks = 3.26M
past 7 day trade volume average = 667k
Short Interest = 43.29%
Days to Cover = 4.88
Things to consider:
1. majority of shorts may have covered.
2. price was shoved up to $40 and still didn't trigger a squeeze.
3. price climbed 80% from the bottom before dropping
OTRK Gap fillLooking at the volume profile from the precipitous drop a few days ago, we can expect high volatility in this gap fill. Today it tested and broke above the gap bottom. Let's see how it plays out.
Short squeeze mini series # 30What Is a Short Squeeze?
A short squeeze occurs when a stock or other
asset jumps sharply higher, forcing traders who
had bet that its price would fall, to buy it in
order to forestall even greater losses. Their
scramble to buy only adds to the upward
pressure on the stock's price
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Frequently Asked Questions
The current price of OTRK is 1.69 USD — it has increased by 8.73% in the past 24 hours. Watch Ontrak, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Ontrak, Inc. stocks are traded under the ticker OTRK.
OTRK stock has risen by 11.65% compared to the previous week, the month change is a −10.08% fall, over the last year Ontrak, Inc. has showed a −73.11% decrease.
We've gathered analysts' opinions on Ontrak, Inc. future price: according to them, OTRK price has a max estimate of 4.00 USD and a min estimate of 4.00 USD. Watch OTRK chart and read a more detailed Ontrak, Inc. stock forecast: see what analysts think of Ontrak, Inc. and suggest that you do with its stocks.
OTRK reached its all-time high on Jan 18, 2007 with the price of 2,262,774.62 USD, and its all-time low was 1.41 USD and was reached on Dec 18, 2024. View more price dynamics on OTRK chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OTRK stock is 14.76% volatile and has beta coefficient of 3.47. Track Ontrak, Inc. stock price on the chart and check out the list of the most volatile stocks — is Ontrak, Inc. there?
Yes, you can track Ontrak, Inc. financials in yearly and quarterly reports right on TradingView.
Ontrak, Inc. is going to release the next earnings report on Mar 13, 2025. Keep track of upcoming events with our Earnings Calendar.
OTRK earnings for the last quarter are −1.38 USD per share, whereas the estimation was −1.50 USD resulting in a 8.00% surprise. The estimated earnings for the next quarter are −1.35 USD per share. See more details about Ontrak, Inc. earnings.
Ontrak, Inc. revenue for the last quarter amounts to 2.57 M USD, despite the estimated figure of 2.60 M USD. In the next quarter, revenue is expected to reach 3.08 M USD.
OTRK net income for the last quarter is −5.58 M USD, while the quarter before that showed −10.29 M USD of net income which accounts for 45.77% change. Track more Ontrak, Inc. financial stats to get the full picture.
No, OTRK doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 30, 2024, the company has 104.00 employees. See our rating of the largest employees — is Ontrak, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ontrak, Inc. EBITDA is −15.98 M USD, and current EBITDA margin is −112.16%. See more stats in Ontrak, Inc. financial statements.
Like other stocks, OTRK shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ontrak, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ontrak, Inc. technincal analysis shows the buy rating today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ontrak, Inc. stock shows the sell signal. See more of Ontrak, Inc. technicals for a more comprehensive analysis.
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