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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 2024-05-28 View latest technical analysis

10 day averaged volume of Octal is 176

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 17.30 18.00 18.00 17.30 0.119 times
27 Mon May 2024 18.00 17.10 18.00 17.10 1.29 times
24 Fri May 2024 18.00 18.00 18.00 18.00 3.852 times
23 Thu May 2024 18.00 18.00 18.00 18.00 0.847 times
22 Wed May 2024 18.00 18.00 18.00 17.15 2.108 times
21 Tue May 2024 17.15 17.15 17.15 17.15 1.301 times
16 Thu May 2024 17.15 17.15 17.15 17.15 0.091 times
15 Wed May 2024 18.05 19.00 19.00 18.05 0.114 times
13 Mon May 2024 19.00 19.00 19.00 19.00 0.284 times
09 Thu May 2024 19.20 19.20 19.20 19.20 0.006 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.8, but if it comes above 17.8, then a intra day buy could be more profitable.
If you take a sell trade below 17.8, then use 17.8 as stoploss and 16.8 as target. However if you take a buy trade in stock , then use 17.8 as stoploss and 18.66 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 16.16
Downside Target 17.10
Upside Target 17.82
Upside Target 19.00
Upside Target 19.20
Upside Target 19.30
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 16.93
Downside Intraday Target 16.57
Upside Intraday Target 17.83
Upside Intraday Target 18.37
Upside Intraday Target 17.47

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 17.30 17.10 18.00 17.10 0.174 times
24 Fri May 2024 18.00 17.15 18.00 17.15 16.593 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

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
28 Tue May 2024 17.30 19.20 19.20 17.10 0.517 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

MACD generated a SELL signal for Octal in short term and the sell signal is strong.

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 getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 17.9 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

MACD generated a SELL signal for Octal in short term and the sell signal is strong.

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 getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 17.9 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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