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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)

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Optifin is 20442

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 89.00 90.05 90.05 88.10 0.007 times
18 Mon Mar 2024 92.00 99.45 100.00 88.00 0.219 times
15 Fri Mar 2024 91.70 91.10 93.00 88.05 8.333 times
14 Thu Mar 2024 91.10 92.95 92.95 87.15 0.044 times
13 Wed Mar 2024 92.00 96.10 96.20 88.00 0.355 times
12 Tue Mar 2024 100.65 102.00 102.00 90.50 0.282 times
11 Mon Mar 2024 101.05 105.05 109.95 98.90 0.092 times
07 Thu Mar 2024 107.05 109.70 115.00 98.40 0.097 times
06 Wed Mar 2024 107.10 110.20 115.00 100.20 0.336 times
05 Tue Mar 2024 115.45 116.60 118.85 113.10 0.025 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.5, but if it comes above 92.5, then a intra day buy could be more profitable.
If you take a sell trade below 92.5, then use 92.5 as stoploss and 79.3 as target. However if you take a buy trade in stock , then use 92.5 as stoploss and 103.48 as target.

Share price targets for Optifin (Optifin)

Target Type Value
Downside Target 75.00
Downside Target 84.50
Downside Target 86.90
Upside Target 90.00
Upside Target 97.00
Upside Target 100.00
Upside Target 109.40
Upside Target 109.95
Upside Target 118.85
Upside Target 122.95
Upside Target 144.00

Intraday share price targets for Optifin (Optifin)

Target Type Value
Downside Intraday Target 84.67
Downside Intraday Target 80.33
Upside Intraday Target 96.67
Upside Intraday Target 104.33
Upside Intraday Target 92.33

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 89.00 99.45 100.00 88.00 0.025 times
15 Fri Mar 2024 91.70 105.05 109.95 87.15 13.468 times
07 Thu Mar 2024 107.05 115.00 118.85 98.40 0.089 times
02 Sat Mar 2024 119.30 98.00 144.00 91.02 2.273 times
23 Fri Feb 2024 95.88 97.00 97.00 90.00 12.335 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
19 Tue Mar 2024 89.00 122.95 122.95 87.15 0.913 times
29 Thu Feb 2024 118.02 88.06 144.00 86.90 6.217 times
31 Wed Jan 2024 92.90 87.00 98.50 84.50 0.151 times
29 Fri Dec 2023 88.83 82.20 109.40 75.00 10.231 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Optifin ( (Optifin) ) 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 Optifin ( (Optifin) ) 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 Optifin ( (Optifin) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Optifin in short term and the sell signal is strong.

Optifin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Optifin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 92.8 and Optifin (Optifin) 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 Optifin (Optifin) stock. Volume based technical analysis of Optifin (Optifin) stock is negative.

Optifin 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.

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Optifin ( (Optifin) ) 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 Optifin ( (Optifin) ) 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 Optifin ( (Optifin) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a SELL signal for Optifin in short term and the sell signal is strong.

Optifin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Optifin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 92.8 and Optifin (Optifin) 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 Optifin (Optifin) stock. Volume based technical analysis of Optifin (Optifin) stock is negative.

Optifin 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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Daily charts

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