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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 2024-05-31 View latest technical analysis

10 day averaged volume of Optifin is 2218

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 92.75 91.00 94.00 89.00 0.831 times
30 Thu May 2024 92.00 92.00 93.45 91.00 0.527 times
29 Wed May 2024 95.00 94.90 97.00 93.00 0.783 times
28 Tue May 2024 94.90 95.00 95.75 93.05 0.421 times
27 Mon May 2024 97.70 95.50 97.95 94.10 2.762 times
24 Fri May 2024 96.90 102.00 105.00 95.65 2.28 times
23 Thu May 2024 100.75 107.00 107.00 98.10 1.063 times
22 Wed May 2024 109.45 109.45 109.45 107.00 0.116 times
21 Tue May 2024 109.85 110.05 117.50 108.50 0.659 times
18 Sat May 2024 115.00 115.00 115.00 115.00 0.014 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 95.3, but if it comes above 95.3, then a intra day buy could be more profitable.
If you take a sell trade below 95.3, then use 95.3 as stoploss and 87.4 as target. However if you take a buy trade in stock , then use 95.3 as stoploss and 101.96 as target.

Share price targets for Optifin (Optifin)

Target Type Value
Downside Target 84.50
Downside Target 86.90
Downside Target 89.00
Upside Target 93.25
Upside 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 88.52
Downside Intraday Target 84.28
Upside Intraday Target 97.47
Upside Intraday Target 102.18
Upside Intraday Target 93.23

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 92.75 95.50 97.95 89.00 1.293 times
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

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
31 Fri May 2024 92.75 105.00 117.50 89.00 1.175 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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Optifin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.76 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 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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Optifin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 97.76 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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