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(Optifin) Optifin complete technical analysis [charts+indicators] | Buy/Sell Optifin | (Optifin) share price targets

Complete technical analysis of Optifin (Optifin) by charts plus indicators, forecast predictions and share price targets for Optifin (Optifin)

10 day averaged volume of Optifin is 1374

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 109.85 110.05 117.50 108.50 1.063 times
20 Mon May 2024 115.00 115.00 115.00 115.00 0.022 times
17 Fri May 2024 112.40 105.40 115.00 105.30 2.218 times
16 Thu May 2024 111.00 108.00 113.00 108.00 0.277 times
15 Wed May 2024 107.90 102.90 109.00 102.90 1.673 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 108.4, but if it comes below 108.4, then a intra day sell could be more profitable.
If you take a sell trade below 108.4, then use 108.4 as stoploss and 102.41 as target. However if you take a buy trade in stock , then use 108.4 as stoploss and 115.5 as target.

Share price targets for Optifin (Optifin)

Target Type Value
Downside Target 84.50
Downside Target 86.90
Downside Target 90.25
Downside Target 93.25
Downside Target 97.60
Downside Target 103.70
Downside Target 105.95
Downside Target 108.50
Upside Target 115.00
Upside Target 117.50
Upside Target 122.95
Upside Target 144.00

Intraday share price targets for Optifin (Optifin)

Target Type Value
Downside Intraday Target 106.4
Downside Intraday Target 102.95
Upside Intraday Target 115.4
Upside Intraday Target 120.95
Upside Intraday Target 111.95

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 109.85 115.00 117.50 108.50 0.182 times
17 Fri May 2024 112.40 106.00 115.00 93.25 1.605 times
10 Fri May 2024 101.40 102.45 103.70 97.60 0.987 times
03 Fri May 2024 99.85 93.25 105.95 93.25 0.696 times
26 Fri Apr 2024 99.95 91.00 99.99 90.25 1.097 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Optifin (Optifin)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 109.85 105.00 117.50 93.25 0.543 times
30 Tue Apr 2024 102.96 85.01 103.99 85.01 0.144 times
28 Thu Mar 2024 90.25 122.95 122.95 87.15 0.925 times
29 Thu Feb 2024 118.02 88.06 144.00 86.90 6.217 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Optifin (Optifin)

Indicator Name Indicator Value Indicator Signal
ADX 17, 27, 23 Sell
MACD 7, 5Buy
Stochastics 86Buy
CCI 78Sell
RSI 54Buy
OBV 9454Sell
VWAP 105Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Optifin ( (Optifin) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Optifin ( (Optifin) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Optifin stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Optifin in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Optifin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Optifin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Optifin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 104.96 and Optifin (Optifin) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Optifin (Optifin) stock. Volume based technical analysis of Optifin (Optifin) stock is negative.

Optifin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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