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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 2024-06-03 View latest technical analysis

10 day averaged volume of Optifin is 2097

Date Daily Closing Price Open High Low Volume
03 Mon Jun 2024 95.91 110.70 110.70 95.00 0.714 times
31 Fri May 2024 92.75 91.00 94.00 89.00 0.879 times
30 Thu May 2024 92.00 92.00 93.45 91.00 0.557 times
29 Wed May 2024 95.00 94.90 97.00 93.00 0.828 times
28 Tue May 2024 94.90 95.00 95.75 93.05 0.445 times
27 Mon May 2024 97.70 95.50 97.95 94.10 2.921 times
24 Fri May 2024 96.90 102.00 105.00 95.65 2.412 times
23 Thu May 2024 100.75 107.00 107.00 98.10 1.124 times
22 Wed May 2024 109.45 109.45 109.45 107.00 0.123 times
21 Tue May 2024 109.85 110.05 117.50 108.50 0.697 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 94.9 as stoploss in an intra day buy trade for a target of 101.63. However, stock will show a bearish move below 94.9.

Share price targets for Optifin (Optifin)

Target Type Value
Downside Target 85.01
Downside Target 86.90
Downside Target 89.00
Downside Target 93.25
Upside Target 97.60
Upside Target 103.70
Upside Target 110.70
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 90.37
Downside Intraday Target 84.84
Upside Intraday Target 106.07
Upside Intraday Target 116.24
Upside Intraday Target 100.54

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
03 Mon Jun 2024 95.91 110.70 110.70 95.00 0.127 times
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

Price has moved up 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
03 Mon Jun 2024 95.91 110.70 110.70 95.00 0.041 times
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

Scroll below to view daily charts

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)

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Optifin in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 97.62 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Optifin ( (Optifin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Optifin in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 97.62 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.

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Daily charts

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