(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 2024-02-29 View latest technical analysis
10 day averaged volume of Office Depot is 280510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 56.48 | 55.30 | 58.13 | 55.17 | 3.052 times |
| 28 Wed Feb 2024 | 54.96 | 55.12 | 57.28 | 53.80 | 2.721 times |
| 27 Tue Feb 2024 | 52.98 | 52.95 | 54.20 | 52.63 | 1.082 times |
| 26 Mon Feb 2024 | 52.95 | 52.02 | 53.27 | 52.01 | 0.927 times |
| 23 Fri Feb 2024 | 52.04 | 51.09 | 52.85 | 51.09 | 0.508 times |
| 22 Thu Feb 2024 | 52.04 | 52.43 | 52.75 | 51.74 | 1.011 times |
| 21 Wed Feb 2024 | 52.30 | 52.36 | 53.00 | 52.14 | 0.747 times |
| 20 Tue Feb 2024 | 52.32 | 53.11 | 53.63 | 52.24 | 0.947 times |
| 16 Fri Feb 2024 | 53.98 | 53.88 | 54.22 | 53.36 | 0.542 times |
| 15 Thu Feb 2024 | 54.18 | 53.86 | 54.80 | 53.75 | 0.682 times |
Stock of Office Depot (ODP) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 55.8, for a target of 54.3 or 52.99
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 |
| Downside Target | 53.53 |
| Downside Target | 53.63 |
| Downside Target | 54.11 |
| Downside Target | 54.86 |
| Upside Target | 56.80 |
| Upside Target | 58.13 |
| Upside Target | 58.98 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 52.95 |
| Downside Intraday Target | 49.42 |
| Upside Intraday Target | 59.07 |
| Upside Intraday Target | 61.66 |
| Downside Intraday Target | 55.54 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 56.48 | 52.02 | 58.13 | 52.01 | 2.422 times |
| 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 |
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 Office Depot (ODP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 56.48 | 51.42 | 58.13 | 50.17 | 1.266 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Office Depot 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.
Office Depot 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 stronger in this stock.
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 Office Depot 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 positive zone. This is a BUY zone
Stock of Office Depot is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.19 and Office Depot (ODP) 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 Office Depot (ODP) stock. Volume based technical analysis of Office Depot (ODP) stock is negative.
Office Depot 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 Office Depot ( (ODP) ) 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 Office Depot ( (ODP) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Office Depot 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.
Office Depot 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 stronger in this stock.
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 Office Depot 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 positive zone. This is a BUY zone
Stock of Office Depot is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.19 and Office Depot (ODP) 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 Office Depot (ODP) stock. Volume based technical analysis of Office Depot (ODP) stock is negative.
Office Depot 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.