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Pre-Breakout Signal Scan Result
OLN
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Scanner assessment High Risk Squeeze near resistanceScanned 2026.10.28 08:20
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Pre-Breakout Score
97.0

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⚠️ This risk flag is not a ranking — it reflects "chase / volatility risk if entering right now"
Low risk

Few overheating or already-surging signals — relatively calm. A good stage to observe pre-breakout conditions patiently.

Caution

Some risk factors present — volatility, short-term overheating, or thin liquidity. Size and scale in carefully if entering.

High Risk

Already surged, RSI overheated, extended far from highs, or earnings imminent. Chasing now carries meaningful pullback risk.

Key Technical Indicators
RSI (14)
58
normal
ADX
23
weak trend
BB Squeeze
✓ Squeeze
bottom 20% band width
OBV Accum.
✓ 1.3x
inflow
Vol Ratio
0.8x
typical
5D Chg
+9.3%
short-term trend
1D Chg
+3.9%
vs. prior close
vs 20D High
-0.5%
near resistance
ATR%
3.8%
daily range
SPY RS 20D
+6.6%
strength vs. market
Daily · as of US close Oct 27 60-Day Price History
Close Volume Hover for details
Detected Signals (9)
Bollinger Band squeeze
Accumulation (OBV↑·1.3x up-volume)
Tight below resistance (-0.5% from high)
Strong close (small upper wick)
Mid/small-cap (<$2B)
Outperforming the market
Short-term RS strength (5-day +9.2%p vs SPY)
Earnings D-2 (major catalyst · high risk)
Multi-timeframe squeeze (daily + weekly contraction)
Technical Diagnostic Summary
OLN — the scanner detected a 'Breakout Imminent (Squeeze + Near Resistance)' pattern. RSI at 58 is neither overbought nor oversold — momentum is neutral. Bollinger Band width has contracted to the bottom 20% of its past year, consistent with energy building ahead of a possible breakout. OBV is trending up with up-day volume at 1.3x down-day volume, a sign of inflow. ADX 23 suggests an early-stage trend, with buying pressure ahead of selling. 20-day RS vs. SPY of +6.6pp shows relative strength versus the market. Price sits just 0.5% below its 20-day high — a tight coil right under resistance that can precede a breakout. Currently flagged High Risk — elevated risk of a pullback if chasing this short-term extended move.
How to Read These Indicators

OLN's RSI(14) currently reads 58. RSI is a momentum indicator that reflects how often and how sharply a stock has been rising lately. Readings above 70 are typically read as overbought and below 30 as oversold — this one falls in the 'normal' range. This reading is specific to OLN on this scan date and can change quickly. → Learn more

ADX currently reads 23. ADX is a strength-only gauge: it rises when a move is sustained, regardless of which way it points (25+ is considered pronounced). Right now OLN shows +DI sits above -DI, favoring the upside, putting it in the 'weak trend' range on ADX. Cross-check this against OLN's other indicators above before drawing a conclusion. → Learn more

OLN's Bollinger Band width is in the bottom 20% (narrow) of its past year, and the squeeze indicator is currently active. A Bollinger Band squeeze means price volatility has contracted well below its usual range. A squeeze is often followed by a volatility expansion in either direction. This reading is specific to OLN on this scan date and can change quickly. → Learn more

OLN's OBV is currently rising (1.3x), and the up/down volume ratio is 1.3x. OBV tracks whether volume is piling up on up days or down days over time. Treat this as one data point on OLN, not a standalone signal. → Learn more

OLN's recent volume is running at 0.8x its usual level. It's a simple multiple of current volume over the trailing average — a proxy for how much attention the stock is getting — a reference point for whether order flow is concentrating around this stock. Treat this as one data point on OLN, not a standalone signal. → Learn more

OLN's change over the last 5 trading days is +9.3%, and over the last 1 trading day is +3.9%. Both figures describe short-term price movement only and are not, on their own, a trading signal.

OLN's current price is 0.5% below its 20-day high. This gap to the recent high is often watched as a proxy for nearby resistance. On this measure it currently falls in the 'near resistance' category. As with any single metric, weigh this alongside OLN's full indicator set. → Learn more

OLN's ATR% currently reads 3.8%, a 'daily range' level. ATR captures typical day-to-day volatility in dollar (here, percentage) terms. Treat this as one data point on OLN, not a standalone signal. → Learn more

OLN's 20-trading-day relative strength versus SPY (S&P 500 ETF) is +6.6%. This means the stock's return beat SPY's return over the same window. Cross-check this against OLN's other indicators above before drawing a conclusion. → Learn more

Measured Base Rates for OLN's Active Signals · Full table

No significant edge was measured for Bollinger Band Squeeze: 22.6% versus a 24.8% base rate across 7359 cases. This reading is specific to OLN on this scan date and can change quickly. → Bollinger Band Squeeze

Stocks holding OBV Accumulation reached +15% 24.8% of the time, versus a 24.8% base rate — not a statistically significant difference (9135 cases). As with any single metric, weigh this alongside OLN's full indicator set. → OBV Accumulation

Stocks holding +DI Dominance reached +15% 24.6% of the time, versus a 24.8% base rate — not a statistically significant difference (12872 cases). Cross-check this against OLN's other indicators above before drawing a conclusion. → +DI Dominance

Measured (n=8602), the hit-rate for Weekly Squeeze (22.3%) was not statistically distinguishable from the base rate (24.8%). As with any single metric, weigh this alongside OLN's full indicator set. → Weekly Squeeze

Measured (n=11620), the hit-rate for Off-Exchange Short 40%+ (24.3%) was not statistically distinguishable from the base rate (24.8%). This reading is specific to OLN on this scan date and can change quickly. → Off-Exchange Short 40%+

Limitations of this page — Automatically calculated, not a stock recommendation. Score is a count of conditions met, not a prediction; base rates are historical measurements only (OLN diagnostic as of 2026.10.28 08:20).

⚠️ This is a monitoring candidate only, not investment advice. The indicators, score, and diagnosis on this page are the result of technical screening and do not guarantee any return. Price can move up, sideways, or down from here, and any investment loss is the investor's own responsibility. Read the full disclaimer