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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 2024-01-29 View latest technical analysis

10 day averaged volume of Octaware is 2400

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	46.00	46.00	46.00	46.00	0.667 times
25 Thu Jan 2024	47.70	45.50	47.70	45.50	1.333 times
19 Fri Jan 2024	45.50	45.50	45.50	45.50	0.667 times
18 Thu Jan 2024	43.41	43.41	43.41	43.41	0.667 times
17 Wed Jan 2024	41.35	41.35	41.35	41.35	0.667 times
16 Tue Jan 2024	43.47	43.47	43.47	43.47	0.667 times
15 Mon Jan 2024	41.40	41.40	41.40	41.40	0.667 times
11 Thu Jan 2024	43.32	43.32	43.32	43.32	0.667 times
08 Mon Jan 2024	45.59	45.59	45.59	45.59	0.667 times
01 Mon Jan 2024	41.45	50.00	50.00	41.45	2 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.5, but if it comes below 45.5, then a intra day sell could be more profitable.
If you take a sell trade below 45.5, then use 45.5 as stoploss and 38.94 as target. However if you take a buy trade in stock , then use 45.5 as stoploss and 53.5 as target.

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	41.35
Downside Target	43.32
Downside Target	45.50
Downside Target	46.00
Upside Target	47.70
Upside Target	50.00

Intraday share price targets for Octaware (Octaware)

Target Type	Value
Downside Intraday Target	46
Downside Intraday Target	46
Downside Intraday Target	46
Downside Intraday Target	46
Downside Intraday Target	46

Weekly technical analysis of Octaware (Octaware)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jan 2024	46.00	46.00	46.00	46.00	0.5 times
25 Thu Jan 2024	47.70	45.50	47.70	45.50	0.4 times
19 Fri Jan 2024	45.50	41.40	45.50	41.35	2.5 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

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
29 Mon Jan 2024	46.00	50.00	50.00	41.35	1.444 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Octaware ( (Octaware) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Octaware stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Octaware in short term and the buy signal is strong.

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

Octaware 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. 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

Stock of Octaware is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.83 and Octaware (Octaware) 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 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.