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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 2024-10-29 View latest technical analysis

10 day averaged volume of Octal is 259

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	33.25	33.50	33.50	33.25	0.012 times
28 Mon Oct 2024	31.92	34.69	34.69	31.54	1.039 times
25 Fri Oct 2024	33.20	35.00	35.00	32.00	1.444 times
24 Thu Oct 2024	33.50	33.50	33.50	33.50	0.019 times
23 Wed Oct 2024	32.20	32.25	32.25	32.20	0.015 times
22 Tue Oct 2024	33.20	33.29	33.29	33.20	0.811 times
21 Mon Oct 2024	33.30	33.60	33.60	30.40	1.174 times
18 Fri Oct 2024	32.00	32.00	32.00	32.00	2.853 times
17 Thu Oct 2024	30.53	29.01	30.53	29.01	0.579 times
16 Wed Oct 2024	30.53	30.53	30.53	29.01	0.857 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.6, but if it comes below 32.6, then a intra day sell could be more profitable.
If you take a sell trade below 32.6, then use 32.6 as stoploss and 30.92 as target. However if you take a buy trade in stock , then use 32.6 as stoploss and 34.6 as target.

Share price targets for Octal (Octal)

Target Type	Value
Downside Target	18.05
Downside Target	22.00
Downside Target	25.95
Downside Target	27.55
Downside Target	28.15
Downside Target	29.88
Downside Target	31.54
Upside Target	34.39
Upside Target	34.53
Upside Target	34.69
Upside Target	34.78
Upside Target	35.00

Intraday share price targets for Octal (Octal)

Target Type	Value
Downside Intraday Target	31.63
Downside Intraday Target	30.01
Upside Intraday Target	34.78
Upside Intraday Target	36.31
Downside Intraday Target	33.16

Weekly technical analysis of Octal (Octal)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	33.25	34.69	34.69	31.54	0.303 times
25 Fri Oct 2024	33.20	33.60	35.00	30.40	0.56 times
18 Fri Oct 2024	32.00	29.60	32.00	28.15	1.347 times
11 Fri Oct 2024	29.00	29.88	29.88	28.40	0.486 times
03 Thu Oct 2024	29.88	29.69	30.56	27.55	1.17 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 Octal (Octal)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	33.25	30.27	35.00	27.55	0.6 times
30 Mon Sep 2024	28.83	31.69	34.78	28.21	0.728 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

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 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 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 Octal ( (Octal) ) 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 Octal ( (Octal) ) 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 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 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Octal in short term and BUY signal is strong.

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 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 32.24 and Octal (Octal) 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 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.