Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Optifin is 1238

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 56.70 54.00 56.75 54.00 0.14 times
24 Thu Nov 2022 54.05 55.00 55.00 54.05 1.322 times
23 Wed Nov 2022 56.85 54.55 56.90 51.85 0.339 times
22 Tue Nov 2022 54.55 54.55 56.95 54.55 0.991 times
21 Mon Nov 2022 57.40 63.40 63.40 57.40 1.732 times
18 Fri Nov 2022 60.40 60.40 60.40 56.50 0.87 times
17 Thu Nov 2022 57.55 57.60 57.65 52.50 1.681 times
16 Wed Nov 2022 54.95 57.95 59.95 54.25 0.788 times
15 Tue Nov 2022 57.10 56.95 58.95 56.95 1.561 times
14 Mon Nov 2022 59.90 59.90 59.90 59.90 0.414 times

My analysis of stock is bearish for shortterm, and stock might move down till 54 or till 48.2. Use a stoploss of 58.94 and if the stock hits stoploss, then it can shoot up till 63.84

Share price targets for Optifin (Optifin)

Target Type Value
Downside Target 27.00
Downside Target 40.00
Downside Target 41.25
Downside Target 45.30
Downside Target 46.55
Downside Target 48.60
Downside Target 51.85
Downside Target 54.45
Upside Target 59.75
Upside Target 63.05
Upside Target 64.35
Upside Target 73.15
Upside Target 78.55
Upside Target 99.70

Intraday share price targets for Optifin (Optifin)

Target Type Value
Downside Intraday Target 51.23
Downside Intraday Target 45.77
Upside Intraday Target 62.78
Upside Intraday Target 68.87
Upside Intraday Target 57.32

Weekly technical analysis of Optifin (Optifin)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 56.70 63.40 63.40 51.85 0.851 times
18 Fri Nov 2022 60.40 59.90 60.40 52.50 0.893 times
11 Fri Nov 2022 63.05 66.50 73.15 63.05 0.854 times
04 Fri Nov 2022 64.35 53.05 64.35 48.60 0.579 times
28 Fri Oct 2022 50.55 59.75 59.75 46.55 0.928 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
25 Fri Nov 2022 56.70 55.70 73.15 51.85 0.25 times
31 Mon Oct 2022 53.05 71.40 78.55 46.55 0.333 times
30 Fri Sep 2022 75.10 44.70 99.70 41.25 0.721 times
30 Tue Aug 2022 43.40 43.00 54.45 40.00 39.736 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)

Indicator Name Indicator Value Indicator Signal
ADX 27, 29, 5 Sell
MACD -2, -2Sell
Stochastics 26Sell
CCI -43Buy
RSI 49Sell
OBV 5208Sell
VWAP 57Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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

ADX buy sell signal for Optifin stock for short term is SELL. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 buy signal for Optifin in short term but BUY signal is weak.

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

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 56.79 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.

Click here for Optifin charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme