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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 2024-01-15 View latest technical analysis

10 day averaged volume of Octaware is 2880

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	41.40	41.40	41.40	41.40	0.556 times
11 Thu Jan 2024	43.32	43.32	43.32	43.32	0.556 times
08 Mon Jan 2024	45.59	45.59	45.59	45.59	0.556 times
01 Mon Jan 2024	41.45	50.00	50.00	41.45	1.667 times
29 Fri Dec 2023	46.00	45.70	46.00	38.00	1.667 times
27 Wed Dec 2023	42.00	42.00	42.00	42.00	0.556 times
26 Tue Dec 2023	35.00	35.00	35.00	35.00	0.556 times
18 Mon Dec 2023	29.80	26.00	29.80	26.00	1.667 times
07 Thu Dec 2023	24.85	24.85	24.85	24.85	0.556 times
27 Wed Sep 2023	31.00	25.84	31.00	25.84	1.667 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.2 as stoploss in an intra day sell trade for a target of 37.52. However, stock will show a bullish move above 43.2.

Share price targets for Octaware (Octaware)

Target Type	Value
Downside Target	24.85
Downside Target	25.84
Downside Target	32.00
Downside Target	33.00
Downside Target	35.00
Downside Target	38.00
Downside Target	41.40
Upside Target	43.32
Upside Target	45.59
Upside Target	46.00
Upside Target	50.00

Intraday share price targets for Octaware (Octaware)

Target Type	Value
Downside Intraday Target	41.4
Downside Intraday Target	41.4
Downside Intraday Target	41.4
Downside Intraday Target	41.4
Downside Intraday Target	41.4

Weekly technical analysis of Octaware (Octaware)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	41.40	41.40	41.40	41.40	0.5 times
11 Thu Jan 2024	43.32	45.59	45.59	43.32	0.667 times
01 Mon Jan 2024	41.45	50.00	50.00	41.45	0.375 times
29 Fri Dec 2023	46.00	26.00	46.00	26.00	1.6 times
07 Thu Dec 2023	24.85	32.00	32.00	24.85	5 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 Octaware (Octaware)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	41.40	50.00	50.00	41.40	0.667 times
29 Fri Dec 2023	46.00	24.85	46.00	24.85	2.25 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Octaware ( (Octaware) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Octaware in short term but the buy signal is initial and weak.

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

Octaware Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Octaware in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 37.61 and Octaware (Octaware) 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 Octaware (Octaware) stock. Volume based technical analysis of Octaware (Octaware) stock is negative.

Octaware Stock is giving positive 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.