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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 564

Date Daily Closing Price Open High Low Volume
11 Fri Oct 2024 29.00 29.06 29.80 29.00 0.131 times
10 Thu Oct 2024 29.80 29.80 29.80 28.85 1.301 times
09 Wed Oct 2024 29.14 29.82 29.82 29.00 0.479 times
08 Tue Oct 2024 28.40 29.88 29.88 28.40 0.197 times
03 Thu Oct 2024 29.88 30.56 30.56 28.47 0.495 times
01 Tue Oct 2024 29.96 30.27 30.27 27.55 2.502 times
30 Mon Sep 2024 28.83 29.69 29.69 28.21 1.34 times
27 Fri Sep 2024 29.69 32.81 32.81 29.69 2.661 times
26 Thu Sep 2024 31.25 31.25 31.25 31.25 0.645 times
25 Wed Sep 2024 32.89 32.00 33.00 32.00 0.234 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.5, but if it comes above 29.5, then a intra day buy could be more profitable.
If you take a sell trade below 29.5, then use 29.5 as stoploss and 27.5 as target. However if you take a buy trade in stock , then use 29.5 as stoploss and 31.17 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 18.05
Downside Target 22.00
Downside Target 25.95
Downside Target 27.55
Downside Target 28.21
Upside Target 29.06
Upside Target 29.69
Upside Target 30.56
Upside Target 31.89
Upside Target 33.45
Upside Target 34.12
Upside Target 34.39
Upside Target 34.53
Upside Target 34.78

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 28.31
Downside Intraday Target 27.61
Upside Intraday Target 29.79
Upside Intraday Target 30.57
Upside Intraday Target 29.09

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
11 Fri Oct 2024 29.00 29.88 29.88 28.40 0.486 times
03 Thu Oct 2024 29.88 29.69 30.56 27.55 1.17 times
27 Fri Sep 2024 29.69 34.12 34.12 29.69 0.51 times
20 Fri Sep 2024 33.45 30.82 34.78 29.06 8.26 times
13 Fri Sep 2024 32.17 32.86 33.45 31.89 0.251 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
11 Fri Oct 2024 29.00 30.27 30.56 27.55 0.306 times
30 Mon Sep 2024 28.83 31.69 34.78 28.21 0.728 times
30 Fri Aug 2024 32.34 34.39 34.39 28.40 0.479 times
31 Wed Jul 2024 32.97 25.90 34.53 22.00 1.454 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 29.78 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 29.78 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.

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Daily charts

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