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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 2024-03-22 View latest technical analysis

10 day averaged volume of Octal is 90

Date Daily Closing Price Open High Low Volume
22 Fri Mar 2024 19.70 19.70 19.70 19.70 0.222 times
21 Thu Mar 2024 18.78 18.78 18.78 18.78 0.056 times
20 Wed Mar 2024 18.80 18.80 18.80 18.00 0.9 times
19 Tue Mar 2024 18.80 18.84 18.84 18.80 0.133 times
15 Fri Mar 2024 18.84 18.84 18.84 18.84 0.056 times
14 Thu Mar 2024 18.90 18.99 18.99 18.90 0.444 times
13 Wed Mar 2024 19.00 19.00 19.00 19.00 0.022 times
12 Tue Mar 2024 19.10 19.10 19.10 19.10 0.111 times
11 Mon Mar 2024 19.10 21.10 21.10 19.10 0.4 times
07 Thu Mar 2024 20.10 20.45 20.45 20.10 5.489 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.6, but if it comes below 19.6, then a intra day sell could be more profitable.
If you take a sell trade below 19.6, then use 19.6 as stoploss and 19.08 as target. However if you take a buy trade in stock , then use 19.6 as stoploss and 20.1 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 15.04
Downside Target 16.16
Downside Target 17.15
Downside Target 18.00
Downside Target 18.56
Downside Target 19.37
Downside Target 19.67
Downside Target 19.70
Upside Target 19.79
Upside Target 20.45
Upside Target 21.10

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 18.57
Downside Intraday Target 17.43
Upside Intraday Target 20.27
Upside Intraday Target 20.83
Downside Intraday Target 19.13

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
22 Fri Mar 2024 19.70 18.84 19.70 18.00 1.269 times
15 Fri Mar 2024 18.84 21.10 21.10 18.84 0.126 times
07 Thu Mar 2024 20.10 19.53 20.45 18.56 0.199 times
02 Sat Mar 2024 19.53 18.95 19.70 17.15 0.846 times
23 Fri Feb 2024 18.05 19.00 19.37 17.15 2.364 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
22 Fri Mar 2024 19.70 18.60 21.10 18.00 0.119 times
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

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 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 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 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 Weak and stock is losing momentum.

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

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Octal in short term and BUY signal is strong.

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 19.76 and Octal (Octal) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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 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 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 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 Weak and stock is losing momentum.

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

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Octal in short term and BUY signal is strong.

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 19.76 and Octal (Octal) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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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