OVID (NASDAQ)

OVID NASDAQ

Ovid Therapeutics

SELL

1.5600

Prev.Close

1.8000

Change

-0.2400

Change%

-13.33%

BEARISH THREE GAP UPS

Sold at

1.7025

Open

1.7800

High

1.7900

Low

1.5600

Gain%

-8.37%

Signal History

Date	Price	Signal	Change%		$100⇨
12/02	1.7025	SELL	-8.4%		435
11/24	1.4500	BUY	+17.4%	✔ 👍	372
11/20	1.2700	SHORT	+14.2%	❌	435
11/18	1.3150	BUY	-3.4%	❌	452
10/29	1.4900	SHORT	-11.7%	✔	406
10/24	1.6300	BUY	-8.6%	❌	446
10/13	1.6500	SELL	-1.2%	✔	447
10/02	1.4000	BUY	+17.9%	✔ 👍	380
09/30	1.3300	SHORT	+5.3%	❌	403
09/15	1.2800	BUY	+3.9%	✔	389
09/02	1.2300	SELL	+4.1%	❌	390
08/06	0.5048	BUY	+143.7%	✔ 👍	160
07/25	0.6833	SELL	-26.1%	✔	161
07/17	0.4238	BUY	+61.2%	✔ 👍	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 1.7225, and our valid average selling price now stands at 1.7025. The previous BUY signal was issued on 11/24/2025, 8 days ago, when the stock price was 1.4500. Since then, OVID has risen by +17.41%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
12/02	1.7025	SELL	-8.4%		711
11/24	1.4500	BUY	+17.4%	✔ 👍	607
11/20	1.2700	SHORT	+14.2%	❌	710
11/18	1.3150	BUY	-3.4%	❌	738
10/29	1.4900	SHORT	-11.7%	✔	663
10/24	1.6300	BUY	-8.6%	❌	729
10/13	1.6500	SELL	-1.2%	✔	730
10/02	1.4000	BUY	+17.9%	✔ 👍	621
09/30	1.3300	SHORT	+5.3%	❌	658
09/15	1.2800	BUY	+3.9%	✔	636
09/02	1.2300	SELL	+4.1%	❌	637
08/06	0.5048	BUY	+143.7%	✔ 👍	262
07/25	0.6833	SELL	-26.1%	✔	262
07/17	0.4238	BUY	+61.2%	✔ 👍	163
07/11	0.4150	SELL	+2.1%	❌	163
05/29	0.3009	BUY	+37.9%	✔ 👍	119
05/21	0.2870	SHORT	+4.8%	❌	125
05/15	0.3009	BUY	-4.6%	❌	132
04/30	0.3271	SELL	-8.0%	✔	132
04/15	0.2838	BUY	+15.3%	✔ 👍	115
03/26	0.4260	SHORT	-33.4%	✔	86
03/24	0.4443	BUY	-4.1%	❌	91
02/24	0.5704	SHORT	-22.1%	✔	74
02/13	0.6310	BUY	-9.6%	❌	83
01/31	0.6952	SHORT	-9.2%	✔	76
01/29	0.7401	BUY	-6.1%	❌	81
01/08	0.9349	SHORT	-20.8%	✔	67
01/03	0.9638	BUY	-3.0%	❌	70
12/30	0.9571	SHORT	+0.7%	❌	71
12/26	0.9843	BUY	-2.8%	❌	73
12/23	0.9902	SHORT	-0.6%	✔	73
12/17	1.0600	BUY	-6.6%	❌	78
12/11	1.1300	SHORT	-6.2%	✔	74
12/06	1.0700	BUY	+5.6%	✔	70
12/04	1.0600	SHORT	+0.9%	❌	71
11/20	1.0400	BUY	+1.9%	✔	70
11/12	1.2750	SELL	-18.4%	✔	70
11/04	1.1500	BUY	+10.9%	✔ 👍	64
10/25	1.1800	SELL	-2.5%	✔	64
10/11	1.1450	BUY	+3.1%	✔	62