(ODP) Office Depot complete technical analysis [charts+indicators] | Buy/Sell Office Depot | (ODP) share price targets
Complete technical analysis of Office Depot (ODP) by charts plus indicators, forecast predictions and share price targets for Office Depot (ODP)
Office Depot trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Office Depot is 224340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 52.04 | 51.09 | 52.85 | 51.09 | 0.635 times |
| 22 Thu Feb 2024 | 52.04 | 52.43 | 52.75 | 51.74 | 1.265 times |
| 21 Wed Feb 2024 | 52.30 | 52.36 | 53.00 | 52.14 | 0.934 times |
| 20 Tue Feb 2024 | 52.32 | 53.11 | 53.63 | 52.24 | 1.184 times |
| 16 Fri Feb 2024 | 53.98 | 53.88 | 54.22 | 53.36 | 0.678 times |
| 15 Thu Feb 2024 | 54.18 | 53.86 | 54.80 | 53.75 | 0.853 times |
| 14 Wed Feb 2024 | 53.37 | 53.00 | 53.74 | 52.74 | 1.042 times |
| 13 Tue Feb 2024 | 52.30 | 53.16 | 53.39 | 51.60 | 1.162 times |
| 12 Mon Feb 2024 | 54.47 | 53.82 | 54.86 | 53.82 | 0.933 times |
| 09 Fri Feb 2024 | 53.79 | 52.50 | 54.11 | 52.06 | 0.922 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.7 as stoploss in an intra day buy trade for a target of 52.6. However, stock will show a bearish move below 51.7.
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 42.93 |
| Downside Target | 44.98 |
| Downside Target | 47.33 |
| Downside Target | 49.15 |
| Upside Target | 53.53 |
| Upside Target | 53.63 |
| Upside Target | 53.71 |
| Upside Target | 54.11 |
| Upside Target | 54.86 |
| Upside Target | 56.80 |
| Upside Target | 58.98 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 50.88 |
| Downside Intraday Target | 49.71 |
| Upside Intraday Target | 53.42 |
| Upside Intraday Target | 54.79 |
| Upside Intraday Target | 52.25 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 52.04 | 53.11 | 53.63 | 51.09 | 0.861 times |
| 16 Fri Feb 2024 | 53.98 | 53.82 | 54.86 | 51.60 | 1.061 times |
| 09 Fri Feb 2024 | 53.79 | 50.84 | 54.11 | 50.17 | 1.05 times |
| 02 Fri Feb 2024 | 51.49 | 52.97 | 53.53 | 50.91 | 1.154 times |
| 26 Fri Jan 2024 | 53.01 | 51.70 | 53.71 | 50.70 | 1.162 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 Office Depot (ODP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 52.04 | 51.42 | 54.86 | 50.17 | 0.757 times |
| 31 Wed Jan 2024 | 51.14 | 55.79 | 56.80 | 49.55 | 0.614 times |
| 29 Fri Dec 2023 | 56.30 | 45.66 | 58.98 | 44.98 | 1.232 times |
| 30 Thu Nov 2023 | 45.55 | 45.03 | 49.15 | 43.66 | 1.083 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 Office Depot (ODP)
Price action analysis of Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Office Depot in short term but the sell signal is initial and weak.
Office Depot 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Office Depot 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Office Depot is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.01 and Office Depot (ODP) 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 Office Depot (ODP) stock. Volume based technical analysis of Office Depot (ODP) stock is negative.
Office Depot 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 Office Depot stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Office Depot in short term but the sell signal is initial and weak.
Office Depot 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Office Depot 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Office Depot is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 53.01 and Office Depot (ODP) 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 Office Depot (ODP) stock. Volume based technical analysis of Office Depot (ODP) stock is negative.
Office Depot 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.