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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 2024-05-23 View latest technical analysis

10 day averaged volume of Octal is 72

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 18.00 18.00 18.00 18.00 2.069 times
22 Wed May 2024 18.00 18.00 18.00 17.15 5.153 times
21 Tue May 2024 17.15 17.15 17.15 17.15 3.181 times
16 Thu May 2024 17.15 17.15 17.15 17.15 0.222 times
15 Wed May 2024 18.05 19.00 19.00 18.05 0.278 times
13 Mon May 2024 19.00 19.00 19.00 19.00 0.694 times
09 Thu May 2024 19.20 19.20 19.20 19.20 0.014 times
07 Tue May 2024 19.20 19.20 19.20 19.20 0.194 times
06 Mon May 2024 19.20 19.20 19.20 19.20 0.042 times
30 Tue Apr 2024 19.20 19.20 19.20 19.20 0.014 times

Stock of Octal (Octal) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.1, but if it comes above 18.1, then a intra day buy could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 17.1 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 18.97 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 16.16
Downside Target 17.15
Downside Target 17.82
Upside Target 18.43
Upside Target 19.00
Upside Target 19.20
Upside Target 19.30
Upside Target 19.48
Upside Target 19.67
Upside Target 19.79
Upside Target 20.56
Upside Target 21.10

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 17.43
Downside Intraday Target 16.87
Upside Intraday Target 18.28
Upside Intraday Target 18.57
Downside Intraday Target 17.72

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 18.00 17.15 18.00 17.15 8.709 times
16 Thu May 2024 17.15 19.00 19.00 17.15 4.778 times
09 Thu May 2024 19.20 19.20 19.20 19.20 1.2 times
30 Tue Apr 2024 19.20 19.30 19.30 19.20 0.068 times
26 Fri Apr 2024 19.30 19.48 19.48 18.43 0.184 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
23 Thu May 2024 18.00 19.20 19.20 17.15 0.248 times
30 Tue Apr 2024 19.20 18.75 20.56 17.82 1.911 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

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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 positive zone. This is a BUY 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 17.84 and Octal (Octal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 positive zone. This is a BUY 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 17.84 and Octal (Octal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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