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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 2024-11-01 View latest technical analysis

10 day averaged volume of Octal is 316

Date Daily Closing Price Open High Low Volume
01 Fri Nov 2024 34.00 34.00 35.02 33.00 3.411 times
31 Thu Oct 2024 34.00 35.00 35.70 32.30 2.155 times
30 Wed Oct 2024 34.00 34.90 34.90 34.00 1.807 times
29 Tue Oct 2024 33.25 33.50 33.50 33.25 0.009 times
28 Mon Oct 2024 31.92 34.69 34.69 31.54 0.851 times
25 Fri Oct 2024 33.20 35.00 35.00 32.00 1.184 times
24 Thu Oct 2024 33.50 33.50 33.50 33.50 0.016 times
23 Wed Oct 2024 32.20 32.25 32.25 32.20 0.013 times
22 Tue Oct 2024 33.20 33.29 33.29 33.20 0.665 times
21 Mon Oct 2024 33.30 33.60 33.60 30.40 0.962 times

Stock of Octal (Octal) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.5, but if it comes below 33.5, then a intra day sell could be more profitable.
If you take a sell trade below 33.5, then use 33.5 as stoploss and 31.6 as target. However if you take a buy trade in stock , then use 33.5 as stoploss and 35.7 as target.

Share price targets for Octal (Octal)

Target Type Value
Downside Target 22.00
Downside Target 27.55
Downside Target 28.15
Downside Target 29.88
Downside Target 31.54
Downside Target 33.00
Upside Target 34.39
Upside Target 34.53
Upside Target 34.78
Upside Target 35.00
Upside Target 35.02
Upside Target 35.70

Intraday share price targets for Octal (Octal)

Target Type Value
Downside Intraday Target 31.79
Downside Intraday Target 29.59
Upside Intraday Target 35.95
Upside Intraday Target 37.91
Downside Intraday Target 33.75

Weekly technical analysis of Octal (Octal)

Date Weekly Closing Price Open High Low Volume
01 Fri Nov 2024 34.00 34.69 35.70 31.54 2.901 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Octal (Octal)

Date Monthly Closing Price Open High Low Volume
01 Fri Nov 2024 34.00 34.00 35.02 33.00 0.156 times
31 Thu Oct 2024 34.00 30.27 35.70 27.55 0.733 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

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 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 neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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 tired and bears are picking up momentum.

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

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 but buying is losing 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 33.64 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.

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 neutral. A longer time frame might give a better analysis.

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 neutral. A longer time frame might give a better analysis.

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 tired and bears are picking up momentum.

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

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 but buying is losing 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 33.64 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.

Click here for Octal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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