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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 2024-09-23 View latest technical analysis

10 day averaged volume of Octal is 466

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	33.35	34.12	34.12	33.35	0.017 times
20 Fri Sep 2024	33.45	34.78	34.78	33.45	0.129 times
19 Thu Sep 2024	33.28	31.75	33.50	30.45	6.457 times
18 Wed Sep 2024	32.05	32.13	32.13	29.93	0.936 times
17 Tue Sep 2024	31.50	30.57	32.00	29.06	0.661 times
16 Mon Sep 2024	30.58	30.82	32.00	30.57	0.609 times
13 Fri Sep 2024	32.17	33.00	33.00	32.17	0.285 times
12 Thu Sep 2024	32.99	33.45	33.45	32.99	0.676 times
11 Wed Sep 2024	31.89	31.89	31.89	31.89	0.004 times
09 Mon Sep 2024	32.70	32.86	32.86	32.70	0.099 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.2, but if it comes below 33.2, then a intra day sell could be more profitable.
If you take a sell trade below 33.2, then use 33.2 as stoploss and 32.38 as target. However if you take a buy trade in stock , then use 33.2 as stoploss and 34.2 as target.

Share price targets for Octal (Octal)

Target Type	Value
Downside Target	17.10
Downside Target	18.05
Downside Target	19.20
Downside Target	22.00
Downside Target	25.95
Downside Target	28.40
Downside Target	29.06
Downside Target	30.69
Downside Target	31.89
Downside Target	32.86
Upside Target	34.12
Upside Target	34.39
Upside Target	34.53
Upside Target	34.78

Intraday share price targets for Octal (Octal)

Target Type	Value
Downside Intraday Target	33.09
Downside Intraday Target	32.84
Upside Intraday Target	33.86
Upside Intraday Target	34.38
Upside Intraday Target	33.61

Weekly technical analysis of Octal (Octal)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	33.35	34.12	34.12	33.35	0.002 times
20 Fri Sep 2024	33.45	30.82	34.78	29.06	8.26 times
13 Fri Sep 2024	32.17	32.86	33.45	31.89	0.251 times
06 Fri Sep 2024	32.86	31.69	32.86	30.69	0.516 times
30 Fri Aug 2024	32.34	30.80	33.85	29.26	1.854 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
23 Mon Sep 2024	33.35	31.69	34.78	29.06	0.508 times
30 Fri Aug 2024	32.34	34.39	34.39	28.40	0.479 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

Scroll below to view daily charts

Price has moved up 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 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 Octal ( (Octal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Octal ( (Octal) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing momentum.

MACD generated a BUY signal for Octal 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.

Octal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Octal 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 32.82 and Octal (Octal) 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 Octal (Octal) stock. Volume based technical analysis of Octal (Octal) stock is negative.

Octal Stock is giving positive 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.