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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 709

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 24.00 26.30 26.30 24.00 1.131 times
24 Thu Nov 2022 25.20 24.25 25.20 24.25 0.597 times
23 Wed Nov 2022 25.50 25.90 26.50 24.25 1.032 times
21 Mon Nov 2022 25.50 24.15 25.50 24.10 0.394 times
18 Fri Nov 2022 25.35 26.30 26.30 24.50 0.243 times
17 Thu Nov 2022 25.75 27.05 27.05 24.70 1.724 times
16 Wed Nov 2022 25.90 26.80 26.80 24.30 0.508 times
15 Tue Nov 2022 25.55 27.85 27.85 25.25 4.293 times
14 Mon Nov 2022 26.55 27.00 27.00 26.55 0.042 times
11 Fri Nov 2022 25.75 27.70 27.70 25.25 0.777 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 24.1, for a target of 25.2 or 26.02

Share price targets for Octal (Octal)

Target Type Value
Downside Target 21.85
Downside Target 23.85
Upside Target 24.80
Upside Target 25.85
Upside Target 26.50
Upside Target 27.85
Upside Target 28.65
Upside Target 29.40
Upside Target 31.90
Upside Target 33.05
Upside Target 34.30
Upside Target 34.60

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 23.17
Downside Intraday Target 22.33
Upside Intraday Target 25.67
Upside Intraday Target 27.33
Upside Intraday Target 24.83

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 24.00 24.15 26.50 24.00 0.463 times
18 Fri Nov 2022 25.35 27.00 27.85 24.30 1.915 times
11 Fri Nov 2022 25.75 28.65 28.65 25.15 0.575 times
04 Fri Nov 2022 27.30 27.95 29.40 24.80 1.003 times
28 Fri Oct 2022 26.80 25.45 28.00 23.85 1.148 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
25 Fri Nov 2022 24.00 27.40 29.40 24.00 0.988 times
31 Mon Oct 2022 26.10 28.60 31.90 22.15 0.864 times
29 Thu Sep 2022 28.00 28.00 33.05 25.85 3.852 times
30 Tue Aug 2022 29.45 33.10 34.60 28.40 0.337 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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 16, 13 Buy
MACD -1, -1Sell
Stochastics 22Sell
CCI -109Sell
RSI 47Sell
OBV -5926Sell
VWAP 25Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 BUY. 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 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 SELL signal in short term and selling is picking up 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 25.42 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.

Click here for Octal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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