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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 2024-02-29 View latest technical analysis

10 day averaged volume of Octal is 695

Date Daily Closing Price Open High Low Volume
29 Thu Feb 2024 18.60 19.65 19.65 17.80 1.732 times
28 Wed Feb 2024 18.72 19.70 19.70 18.72 0.104 times
27 Tue Feb 2024 19.70 19.24 19.70 18.99 1.153 times
26 Mon Feb 2024 18.77 18.95 18.95 17.15 1.991 times
23 Fri Feb 2024 18.05 19.37 19.37 18.05 0.423 times
22 Thu Feb 2024 18.93 18.03 18.93 17.20 0.914 times
21 Wed Feb 2024 18.03 17.99 18.03 17.99 0.824 times
20 Tue Feb 2024 17.18 18.05 18.05 17.15 3.275 times
19 Mon Feb 2024 18.05 19.00 19.00 18.05 0.871 times
16 Fri Feb 2024 19.00 19.50 19.50 19.00 0.052 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 18.3 as stoploss in an intra day buy trade for a target of 18.91. However, stock will show a bearish move below 18.3.

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
Downside Target 18.50
Upside Target 19.37
Upside Target 19.57
Upside Target 19.65
Upside Target 19.67
Upside Target 19.70
Upside Target 19.79

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 17.27
Downside Intraday Target 15.93
Upside Intraday Target 19.82
Upside Intraday Target 21.03
Downside Intraday Target 18.48

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
29 Thu Feb 2024 18.60 18.95 19.70 17.15 0.79 times
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

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 Octal (Octal)

Date Monthly Closing Price Open High Low Volume
29 Thu Feb 2024 18.60 19.53 19.79 17.15 1.312 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Octal ( (Octal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Octal ( (Octal) ) based on a short to mid 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 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 but the sell signal is initial and weak.

Octal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 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 18.26 and Octal (Octal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Octal ( (Octal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Octal ( (Octal) ) based on a short to mid 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 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 but the sell signal is initial and weak.

Octal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 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 18.26 and Octal (Octal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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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