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(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 2024-07-31 View latest technical analysis

10 day averaged volume of Office Depot is 319375

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	42.25	42.40	43.31	42.10	1.166 times
30 Tue Jul 2024	42.15	42.28	42.53	41.98	0.978 times
29 Mon Jul 2024	42.12	42.52	42.76	41.99	1.109 times
26 Fri Jul 2024	42.42	42.25	42.52	41.92	0.925 times
25 Thu Jul 2024	41.91	41.48	42.63	41.48	1.034 times
24 Wed Jul 2024	41.59	41.32	41.97	41.32	0.848 times
23 Tue Jul 2024	41.52	41.85	42.08	41.28	0.937 times
22 Mon Jul 2024	42.11	40.90	42.15	40.42	1.192 times
19 Fri Jul 2024	40.83	41.15	41.31	40.73	0.802 times
18 Thu Jul 2024	41.23	41.44	42.06	41.02	1.021 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42.3 as stoploss in an intra day sell trade for a target of 40.56. However, stock will show a bullish move above 42.3.

Share price targets for Office Depot (ODP)

Target Type	Value
Downside Target	36.63
Downside Target	39.15
Downside Target	41.98
Upside Target	42.63
Upside Target	43.31
Upside Target	49.18
Upside Target	49.84
Upside Target	52.60
Upside Target	53.38
Upside Target	56.25

Intraday share price targets for Office Depot (ODP)

Target Type	Value
Downside Intraday Target	41.72
Downside Intraday Target	41.18
Upside Intraday Target	43.05
Upside Intraday Target	43.84
Upside Intraday Target	42.51

Weekly technical analysis of Office Depot (ODP)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	42.25	42.52	43.31	41.98	0.659 times
26 Fri Jul 2024	42.42	40.90	42.63	40.42	0.841 times
19 Fri Jul 2024	40.83	39.83	42.06	39.46	0.689 times
12 Fri Jul 2024	39.66	39.37	40.07	36.63	3.553 times
05 Fri Jul 2024	39.20	39.97	40.22	39.15	0.681 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
31 Wed Jul 2024	42.25	39.40	43.31	36.63	0.629 times
28 Fri Jun 2024	39.27	39.69	40.00	37.24	1.418 times
31 Fri May 2024	39.16	50.96	52.60	37.61	1.547 times
30 Tue Apr 2024	50.91	52.94	53.38	49.18	0.709 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 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 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 41.85 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.