O'Reilly Automotive Hit All-Time High In March, Nosedived April
On March 21, O'Reilly Automotive (
ORLY
) stock hit an all-time high at 1169.11. However, in April, the stock nosedived and is currently trading at $1074.27 on Friday's session, down by 0.81%.
Despite the confusion in the auto market, O'Reilly Automotive (
ORLY
), a leading retailer of auto parts and services, may see sales and profit gains, as auto shoppers may opt to wait and see which way the market wind blows.
O'Reilly Automotive (
ORLY
) stock has a Relative Strength (RS) Rating of 83, which jumped into the 80-plus percentile with an improvement on Monday. But then the stock Plummeted on Friday's trading session now trading in the oversold territory, with a Relative Strength Index (RSI) of 38.49.
ORLY
) stock hit an all-time high at 1169.11. However, in April, the stock nosedived and is currently trading at $1074.27 on Friday's session, down by 0.81%. Despite the confusion in the auto market, O'Reilly Automotive (
ORLY
), a leading retailer of auto parts and services, may see sales and profit gains, as auto shoppers may opt to wait and see which way the market wind blows. O'Reilly Automotive (
ORLY
) stock has a Relative Strength (RS) Rating of 83, which jumped into the 80-plus percentile with an improvement on Monday. But then the stock Plummeted on Friday's trading session now trading in the oversold territory, with a Relative Strength Index (RSI) of 38.49.
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