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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 2024-05-24 View latest technical analysis

10 day averaged volume of Optifin is 1281

Date Daily Closing Price Open High Low Volume
24 Fri May 2024 96.90 102.00 105.00 95.65 3.948 times
23 Thu May 2024 100.75 107.00 107.00 98.10 1.841 times
22 Wed May 2024 109.45 109.45 109.45 107.00 0.201 times
21 Tue May 2024 109.85 110.05 117.50 108.50 1.141 times
18 Sat May 2024 115.00 115.00 115.00 115.00 0.023 times
17 Fri May 2024 112.40 105.40 115.00 105.30 2.379 times
16 Thu May 2024 111.00 108.00 113.00 108.00 0.297 times
15 Wed May 2024 107.90 102.90 109.00 102.90 1.795 times
14 Tue May 2024 101.05 97.00 102.80 97.00 0.265 times
13 Mon May 2024 97.80 106.00 106.00 93.25 1.658 times

Stock of Optifin (Optifin) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.5, but if it comes above 98.5, then a intra day buy could be more profitable.
If you take a sell trade below 98.5, then use 98.5 as stoploss and 92.3 as target. However if you take a buy trade in stock , then use 98.5 as stoploss and 103.67 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 95.65
Upside Target 97.60
Upside Target 103.70
Upside Target 105.95
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 89.2
Downside Intraday Target 81.5
Upside Intraday Target 111.05
Upside Intraday Target 125.2
Upside Intraday Target 103.35

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
24 Fri May 2024 96.90 110.05 117.50 95.65 1.111 times
18 Sat May 2024 115.00 106.00 115.00 93.25 1.61 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
24 Fri May 2024 96.90 105.00 117.50 93.25 0.792 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

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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Optifin ( (Optifin) ) based on a short to mid 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 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 SELL signal for Optifin in short term but the sell signal is initial and weak.

Optifin 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 103.41 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 positive

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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Optifin ( (Optifin) ) based on a short to mid 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 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 SELL signal for Optifin in short term but the sell signal is initial and weak.

Optifin 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 103.41 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 positive

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

Click here for Optifin charts

Click here for further forecast and predictions for tomorrow

Daily charts

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