Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-20 View latest technical analysis

10 day averaged volume of Office Depot is 547970

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 51.09 50.10 51.46 50.03 0.875 times
19 Tue Mar 2024 50.32 50.18 50.85 50.13 0.827 times
18 Mon Mar 2024 50.13 51.31 51.32 50.03 1.095 times
15 Fri Mar 2024 51.18 50.15 51.69 49.84 3.234 times
14 Thu Mar 2024 50.38 51.29 51.55 49.94 1.041 times
13 Wed Mar 2024 51.49 51.17 52.41 51.17 0.968 times
12 Tue Mar 2024 51.46 51.36 51.86 50.83 0.516 times
11 Mon Mar 2024 51.17 51.15 51.75 50.95 0.669 times
08 Fri Mar 2024 51.47 52.02 52.26 51.25 0.546 times
07 Thu Mar 2024 51.54 52.34 52.43 51.42 0.484 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 50.6 as stoploss in an intra day buy trade for a target of 52.21. However, stock will show a bearish move below 50.6.

Share price targets for Office Depot (ODP)

Target Type Value
Downside Target 43.66
Downside Target 44.98
Downside Target 49.15
Upside Target 52.41
Upside Target 53.63
Upside Target 55.50
Upside Target 56.25
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 50.26
Downside Intraday Target 49.43
Upside Intraday Target 51.69
Upside Intraday Target 52.29
Downside Intraday Target 50.86

Weekly technical analysis of Office Depot (ODP)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 51.09 51.31 51.46 50.03 0.435 times
15 Fri Mar 2024 51.18 51.15 52.41 49.84 1.828 times
08 Fri Mar 2024 51.47 54.46 55.50 51.19 0.715 times
01 Fri Mar 2024 54.41 52.02 58.13 52.01 2.989 times
23 Fri Feb 2024 52.04 53.11 53.63 51.09 0.861 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
20 Wed Mar 2024 51.09 56.25 56.25 49.84 1.38 times
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

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 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 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 to mid 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 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 Office Depot stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Office Depot in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Office Depot Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Office Depot in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 50.98 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 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 negative.

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 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 to mid 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 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 Office Depot stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Office Depot in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Office Depot Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Office Depot in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 50.98 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme