(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 2024-08-07 View latest technical analysis
10 day averaged volume of Office Depot is 400601
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 24.56 | 26.38 | 29.63 | 24.50 | 4.269 times |
| 06 Tue Aug 2024 | 37.93 | 38.18 | 38.72 | 37.72 | 1.737 times |
| 05 Mon Aug 2024 | 37.94 | 38.23 | 38.59 | 37.46 | 1.314 times |
| 02 Fri Aug 2024 | 39.69 | 39.64 | 39.94 | 39.06 | 1.042 times |
| 01 Thu Aug 2024 | 40.61 | 42.44 | 42.49 | 40.52 | 1.076 times |
| 31 Wed Jul 2024 | 42.25 | 42.40 | 43.31 | 42.10 | 0.93 times |
| 30 Tue Jul 2024 | 42.15 | 42.28 | 42.53 | 41.98 | 0.779 times |
| 29 Mon Jul 2024 | 42.12 | 42.52 | 42.76 | 41.99 | 0.884 times |
| 26 Fri Jul 2024 | 42.42 | 42.25 | 42.52 | 41.92 | 0.737 times |
| 25 Thu Jul 2024 | 41.91 | 41.48 | 42.63 | 41.48 | 0.824 times |
Stock of Office Depot (ODP) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.7, for a target of 36.2 or 40.05
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 24.50 |
| Upside Target | 36.63 |
| Upside Target | 38.72 |
| Upside Target | 42.06 |
| Upside Target | 42.49 |
| Upside Target | 42.63 |
| Upside Target | 43.31 |
| Upside Target | 49.18 |
| Upside Target | 52.60 |
| Upside Target | 53.38 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 19.8 |
| Downside Intraday Target | 15.04 |
| Upside Intraday Target | 34.02 |
| Upside Intraday Target | 43.48 |
| Upside Intraday Target | 29.26 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Aug 2024 | 24.56 | 38.23 | 38.72 | 24.50 | 1.554 times |
| 02 Fri Aug 2024 | 39.69 | 42.52 | 43.31 | 39.06 | 1.197 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 |
Price has moved down 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 |
| 07 Wed Aug 2024 | 24.56 | 42.44 | 42.49 | 24.50 | 0.416 times |
| 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 |
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Office Depot in short term and the sell signal is strong.
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 and selling is picking up 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 35.37 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Office Depot in short term and the sell signal is strong.
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 and selling is picking up 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 35.37 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.