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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 2024-08-16 View latest technical analysis

10 day averaged volume of Octal is 659

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 29.89 29.93 29.93 28.44 0.683 times
14 Wed Aug 2024 29.93 32.00 32.00 29.93 0.379 times
13 Tue Aug 2024 31.50 34.12 34.12 31.50 0.34 times
12 Mon Aug 2024 32.50 31.12 32.75 31.12 0.343 times
09 Fri Aug 2024 32.75 34.00 34.00 31.07 1.522 times
08 Thu Aug 2024 32.70 33.50 33.50 32.70 0.067 times
07 Wed Aug 2024 32.00 32.00 32.00 30.40 0.091 times
06 Tue Aug 2024 32.00 32.00 32.00 28.98 1.472 times
05 Mon Aug 2024 30.50 32.27 32.27 30.50 4.63 times
02 Fri Aug 2024 31.95 32.89 32.89 31.90 0.736 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 29.8, for a target of 30.9 or 31.77

Share price targets for Octal (Octal)

Target Type Value
Downside Target 17.10
Downside Target 17.82
Downside Target 19.20
Downside Target 20.56
Downside Target 22.00
Downside Target 24.75
Downside Target 25.95
Downside Target 28.44
Upside Target 29.99
Upside Target 34.00
Upside Target 34.12
Upside Target 34.39
Upside Target 34.53

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 27.51
Downside Intraday Target 25.14
Upside Intraday Target 33.19
Upside Intraday Target 36.5
Upside Intraday Target 30.82

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 29.89 31.12 34.12 28.44 0.224 times
09 Fri Aug 2024 32.75 32.27 34.00 28.98 2.249 times
02 Fri Aug 2024 31.95 32.05 34.39 30.52 0.214 times
26 Fri Jul 2024 31.42 32.41 34.53 29.99 1.255 times
19 Fri Jul 2024 30.87 27.35 30.87 24.75 1.944 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
16 Fri Aug 2024 29.89 34.39 34.39 28.44 0.261 times
31 Wed Jul 2024 32.97 25.90 34.53 22.00 1.454 times
28 Fri Jun 2024 25.90 19.00 25.95 18.05 4.316 times
31 Fri May 2024 19.06 19.20 19.20 17.10 1.249 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Octal in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 but selling 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 31.22 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 positive

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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Octal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Octal in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 but selling 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 31.22 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 positive

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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