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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)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Octal is 606

Date Daily Closing Price Open High Low Volume
23 Fri Feb 2024 18.05 19.37 19.37 18.05 0.485 times
22 Thu Feb 2024 18.93 18.03 18.93 17.20 1.048 times
21 Wed Feb 2024 18.03 17.99 18.03 17.99 0.946 times
20 Tue Feb 2024 17.18 18.05 18.05 17.15 3.756 times
19 Mon Feb 2024 18.05 19.00 19.00 18.05 0.998 times
16 Fri Feb 2024 19.00 19.50 19.50 19.00 0.059 times
15 Thu Feb 2024 19.50 19.79 19.79 19.50 0.459 times
14 Wed Feb 2024 19.79 18.90 19.79 18.89 0.378 times
13 Tue Feb 2024 18.90 18.80 18.90 18.80 2.162 times
12 Mon Feb 2024 18.90 18.90 18.90 18.90 0.002 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.2, but if it comes above 18.2, then a intra day buy could be more profitable.
If you take a sell trade below 18.2, then use 18.2 as stoploss and 17.4 as target. However if you take a buy trade in stock , then use 18.2 as stoploss and 18.89 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 15.04
Downside Target 15.60
Downside Target 16.16
Downside Target 17.15
Downside Target 17.71
Upside Target 18.50
Upside Target 19.37
Upside Target 19.57
Upside Target 19.62
Upside Target 19.65
Upside Target 19.67
Upside Target 19.79

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 17.01
Downside Intraday Target 15.97
Upside Intraday Target 19.23
Upside Intraday Target 20.41
Upside Intraday Target 18.19

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
23 Fri Feb 2024 18.05 19.00 19.37 17.15 2.364 times
16 Fri Feb 2024 19.00 18.90 19.79 18.80 9.364 times
09 Fri Feb 2024 18.90 19.53 19.53 18.90 0.627 times
02 Fri Feb 2024 19.53 18.64 19.57 17.71 0.621 times
25 Thu Jan 2024 18.64 19.62 19.62 18.64 0.231 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Octal (Octal)

Date Monthly Closing Price Open High Low Volume
23 Fri Feb 2024 18.05 19.53 19.79 17.15 0.862 times
31 Wed Jan 2024 18.60 16.46 19.67 16.16 1.113 times
29 Fri Dec 2023 17.32 18.50 19.65 15.04 0.617 times
30 Thu Nov 2023 17.89 17.30 19.50 15.05 1.37 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Octal in short term but the sell signal is initial and weak.

Octal 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 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 coming down

CCI has generated a buy signal for Octal in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.13 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 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Octal in short term but the sell signal is initial and weak.

Octal 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 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 coming down

CCI has generated a buy signal for Octal in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.13 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 positive

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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