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(Octal) Octal complete technical analysis [charts+indicators] | Buy/Sell Octal | (Octal) share price targets

Complete technical analysis of Octal (Octal) by charts plus indicators, forecast predictions and share price targets for Octal (Octal)

10 day averaged volume of Octal is 578

Date Daily Closing Price Open High Low Volume
29 Fri Sep 2023 16.83 17.99 18.14 16.75 0.187 times
28 Thu Sep 2023 17.31 18.50 18.50 17.30 0.119 times
27 Wed Sep 2023 18.19 18.29 18.80 17.50 2.031 times
26 Tue Sep 2023 18.29 18.49 18.49 18.28 0.175 times
25 Mon Sep 2023 18.16 18.19 18.70 18.16 0.107 times
22 Fri Sep 2023 18.19 18.79 18.79 17.47 0.862 times
21 Thu Sep 2023 18.10 17.45 18.32 17.10 3.324 times
20 Wed Sep 2023 17.45 18.89 18.89 17.40 1.213 times
18 Mon Sep 2023 18.00 18.45 18.90 18.00 0.588 times
15 Fri Sep 2023 18.00 19.80 19.80 18.00 0.837 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 17, for a target of 17.7 or 18.21

Share price targets for Octal (Octal)

Target Type Value
Downside Target 16.40
Upside Target 17.85
Upside Target 18.80
Upside Target 19.15
Upside Target 19.80
Upside Target 20.45
Upside Target 21.24
Upside Target 21.48
Upside Target 23.89

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 16.12
Downside Intraday Target 15.41
Upside Intraday Target 18.17
Upside Intraday Target 19.51
Upside Intraday Target 17.46

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
29 Fri Sep 2023 16.83 18.19 18.80 16.75 0.438 times
22 Fri Sep 2023 18.19 18.45 18.90 17.10 1.32 times
15 Fri Sep 2023 18.00 18.80 19.80 18.00 0.465 times
08 Fri Sep 2023 18.80 19.15 19.15 17.28 1.907 times
01 Fri Sep 2023 18.24 19.35 20.45 17.85 1.134 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 Octal (Octal)

Date Monthly Closing Price Open High Low Volume
29 Fri Sep 2023 16.83 18.01 19.80 16.75 0.967 times
31 Thu Aug 2023 18.84 19.10 20.45 16.40 2.159 times
31 Mon Jul 2023 18.20 20.00 21.48 17.06 0.347 times
28 Wed Jun 2023 20.50 18.10 23.89 17.00 1.113 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 Octal (Octal)

Price action analysis of Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) based on a short to mid 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 Octal ( (Octal) ) 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 Octal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Octal 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 Octal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Octal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18 and Octal (Octal) 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 Octal (Octal) stock. Volume based technical analysis of Octal (Octal) stock is negative.

Octal 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) based on a short to mid 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 Octal ( (Octal) ) 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 Octal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Octal 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 Octal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Octal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18 and Octal (Octal) 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 Octal (Octal) stock. Volume based technical analysis of Octal (Octal) stock is negative.

Octal 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 Octal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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