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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 2024-04-04 View latest technical analysis

10 day averaged volume of Octal is 223

Date Daily Closing Price Open High Low Volume
04 Thu Apr 2024 19.59 19.59 19.59 19.59 1.3 times
03 Wed Apr 2024 19.59 19.63 19.63 19.59 0.964 times
02 Tue Apr 2024 18.70 18.75 19.68 18.70 1.516 times
01 Mon Apr 2024 18.75 18.75 18.75 17.82 4.26 times
28 Thu Mar 2024 18.75 18.80 18.80 18.75 0.471 times
27 Wed Mar 2024 19.00 19.00 19.00 19.00 0.574 times
26 Tue Mar 2024 19.00 19.70 19.70 19.00 1.677 times
22 Fri Mar 2024 19.70 19.70 19.70 19.70 0.09 times
21 Thu Mar 2024 18.78 18.78 18.78 18.78 0.022 times
20 Wed Mar 2024 18.80 18.80 18.80 18.00 0.363 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 19.5, but if it comes below 19.5, then a intra day sell could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 19.1 as target. However if you take a buy trade in stock , then use 19.5 as stoploss and 20 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 17.82
Downside Target 18.56
Upside Target 19.65
Upside Target 19.68
Upside 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 18.38
Downside Intraday Target 17.17
Upside Intraday Target 20.24
Upside Intraday Target 20.89
Downside Intraday Target 19.03

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
04 Thu Apr 2024 19.59 18.75 19.68 17.82 2.954 times
28 Thu Mar 2024 18.75 19.70 19.70 18.75 5.144 times
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

Price has moved up 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
04 Thu Apr 2024 19.59 18.75 19.68 17.82 0.995 times
28 Thu Mar 2024 18.75 18.60 21.10 18.00 0.179 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

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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Octal in short term and the buy signal is strong.

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

Octal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying 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 18.97 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Octal in short term and the buy signal is strong.

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

Octal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 but buying 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 18.97 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 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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