(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 2024-08-27 View latest technical analysis
10 day averaged volume of Office Depot is 574150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 30.04 | 29.62 | 30.25 | 29.40 | 0.744 times |
| 26 Mon Aug 2024 | 29.62 | 29.80 | 29.88 | 29.28 | 0.785 times |
| 23 Fri Aug 2024 | 29.48 | 29.14 | 29.65 | 28.61 | 0.845 times |
| 22 Thu Aug 2024 | 28.94 | 29.40 | 29.61 | 28.90 | 0.758 times |
| 21 Wed Aug 2024 | 29.43 | 29.52 | 29.89 | 29.27 | 0.97 times |
| 20 Tue Aug 2024 | 28.80 | 29.88 | 29.88 | 28.78 | 0.874 times |
| 19 Mon Aug 2024 | 29.87 | 29.09 | 30.02 | 28.92 | 0.837 times |
| 16 Fri Aug 2024 | 29.07 | 27.48 | 29.58 | 27.31 | 1.171 times |
| 15 Thu Aug 2024 | 27.48 | 26.17 | 28.04 | 25.95 | 1.428 times |
| 14 Wed Aug 2024 | 25.24 | 25.48 | 26.30 | 25.09 | 1.223 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.3 or till 18.7. Use a stoploss of 30.74 and if the stock hits stoploss, then it can shoot up till 36.22
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 23.69 |
| Downside Target | 25.09 |
| Downside Target | 28.61 |
| Downside Target | 29.28 |
| Upside Target | 36.63 |
| Upside Target | 38.72 |
| Upside Target | 40.00 |
| Upside Target | 42.49 |
| 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 | 29.46 |
| Downside Intraday Target | 28.89 |
| Upside Intraday Target | 30.43 |
| Upside Intraday Target | 30.83 |
| Downside Intraday Target | 29.86 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 30.04 | 29.80 | 30.25 | 29.28 | 0.357 times |
| 23 Fri Aug 2024 | 29.48 | 29.09 | 30.02 | 28.61 | 0.676 times |
| 16 Fri Aug 2024 | 29.07 | 25.95 | 29.58 | 25.09 | 0.768 times |
| 09 Fri Aug 2024 | 25.52 | 38.23 | 38.72 | 23.69 | 2.511 times |
| 02 Fri Aug 2024 | 39.69 | 42.52 | 43.31 | 39.06 | 1.197 times |
Price has moved up 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 |
| 27 Tue Aug 2024 | 30.04 | 42.44 | 42.49 | 23.69 | 1.381 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 neutral. A longer time frame might give a better analysis.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Office Depot ( (ODP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Office Depot stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Office Depot in short term but the buy signal is initial and weak.
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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 28.58 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 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 neutral. A longer time frame might give a better analysis.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Office Depot ( (ODP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Office Depot stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Office Depot in short term but the buy signal is initial and weak.
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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 28.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.