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(Octaware) Octaware complete technical analysis [charts+indicators] | Buy/Sell Octaware | (Octaware) share price targets

Complete technical analysis of Octaware (Octaware) by charts plus indicators, forecast predictions and share price targets for Octaware (Octaware)

Showing technical analysis as on 2023-12-18 View latest technical analysis

10 day averaged volume of Octaware is 2720

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	29.80	26.00	29.80	26.00	1.765 times
07 Thu Dec 2023	24.85	24.85	24.85	24.85	0.588 times
27 Wed Sep 2023	31.00	25.84	31.00	25.84	1.765 times
18 Mon Sep 2023	32.00	32.00	32.00	32.00	0.588 times
09 Wed Aug 2023	32.00	32.00	32.00	32.00	0.588 times
02 Wed Aug 2023	32.00	33.00	33.00	32.00	1.765 times
31 Mon Jul 2023	35.00	38.00	38.00	35.00	1.176 times
14 Wed Jun 2023	40.18	40.18	40.18	40.18	0.588 times
23 Tue May 2023	35.99	33.01	35.99	33.01	1.176 times
20 Thu Apr 2023	40.90	39.99	40.90	39.99	1.176 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.3, but if it comes above 31.3, then a intra day buy could be more profitable.
If you take a sell trade below 31.3, then use 31.3 as stoploss and 20.1 as target. However if you take a buy trade in stock , then use 31.3 as stoploss and 40.57 as target.

Share price targets for Octaware (Octaware)

Target Type	Value
Downside Target	24.85
Downside Target	25.84
Downside Target	29.80
Upside Target	32.00
Upside Target	33.00
Upside Target	33.01
Upside Target	35.00
Upside Target	38.00
Upside Target	40.18

Intraday share price targets for Octaware (Octaware)

Target Type	Value
Downside Intraday Target	27.27
Downside Intraday Target	24.73
Upside Intraday Target	31.07
Upside Intraday Target	32.33
Downside Intraday Target	28.53

Weekly technical analysis of Octaware (Octaware)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	29.80	26.00	29.80	26.00	0.6 times
07 Thu Dec 2023	24.85	32.00	32.00	24.85	5 times
09 Wed Aug 2023	32.00	32.00	32.00	32.00	0.2 times
02 Wed Aug 2023	32.00	38.00	38.00	32.00	1.667 times
14 Wed Jun 2023	40.18	33.01	40.18	33.01	1.5 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 Octaware (Octaware)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	29.80	24.85	29.80	24.85	1 times
27 Wed Sep 2023	31.00	32.00	32.00	25.84	1 times
09 Wed Aug 2023	32.00	33.00	33.00	32.00	2 times
31 Mon Jul 2023	35.00	38.00	38.00	35.00	2 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 Octaware (Octaware)

Price action analysis of Octaware ( (Octaware) ) 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 Octaware ( (Octaware) ) 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 Octaware ( (Octaware) ) 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 Octaware stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Octaware 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 moving up

CCI has generated a buy signal for Octaware in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Octaware is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.22 and Octaware (Octaware) 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 Octaware (Octaware) stock. Volume based technical analysis of Octaware (Octaware) stock is negative.

Octaware 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.