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

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

10 day averaged volume of Octal is 145

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 19.20 19.20 19.20 19.20 0.007 times
29 Mon Apr 2024 19.20 19.30 19.30 19.20 0.097 times
26 Fri Apr 2024 19.30 19.30 19.30 19.30 0.055 times
25 Thu Apr 2024 19.39 18.43 19.40 18.43 0.752 times
24 Wed Apr 2024 19.40 19.48 19.48 18.51 0.655 times

My analysis of stock is bearish for shortterm, and stock might move down till 19 or till 18.5. Use a stoploss of 19.37 and if the stock hits stoploss, then it can shoot up till 19.75

Share price targets for Octal (Octal)

Target Type Value
Downside Target 15.04
Downside Target 16.16
Downside Target 17.15
Downside Target 17.82
Downside Target 18.43
Downside Target 19.20
Upside Target 19.67
Upside Target 19.68
Upside Target 19.79
Upside Target 20.45
Upside Target 20.56
Upside Target 21.10

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 19.17
Downside Intraday Target 19.13
Upside Intraday Target 19.27
Upside Intraday Target 19.33
Upside Intraday Target 19.23

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 19.20 19.30 19.30 19.20 0.068 times
26 Fri Apr 2024 19.30 19.48 19.48 18.43 0.184 times
19 Fri Apr 2024 19.49 20.45 20.45 19.49 7.8 times
12 Fri Apr 2024 20.47 20.56 20.56 19.50 0.084 times
05 Fri Apr 2024 19.59 18.75 19.68 17.82 3.035 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 Octal (Octal)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 19.20 18.75 20.56 17.82 1.911 times
28 Thu Mar 2024 18.75 18.60 21.10 18.00 0.179 times
29 Thu Feb 2024 18.60 19.53 19.79 17.15 1.312 times
31 Wed Jan 2024 18.60 16.46 19.67 16.16 1.113 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Octal (Octal)

Indicator Name Indicator Value Indicator Signal
ADX 29, 45, 21 Sell
MACD 0, 0Sell
Stochastics 40None
CCI -62Sell
RSI 77Buy
OBV -1901Sell
VWAP 19Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Octal ( (Octal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Octal ( (Octal) ) based on a short 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.

Price action analysis of Octal ( (Octal) ) based on a short to mid 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.

Price action analysis of Octal ( (Octal) ) 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 Octal stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Octal in short term but the sell signal is initial and weak.

Octal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 Octal in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.48 and Octal (Octal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Octal Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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