(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 2024-09-20 View latest technical analysis
10 day averaged volume of Office Depot is 579790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 28.64 | 29.49 | 29.57 | 28.62 | 2.194 times |
| 19 Thu Sep 2024 | 29.74 | 30.63 | 30.65 | 29.66 | 1.217 times |
| 18 Wed Sep 2024 | 29.79 | 29.68 | 30.55 | 29.46 | 1.261 times |
| 17 Tue Sep 2024 | 29.77 | 29.67 | 30.53 | 29.49 | 0.692 times |
| 16 Mon Sep 2024 | 29.35 | 29.63 | 29.92 | 29.29 | 0.832 times |
| 13 Fri Sep 2024 | 29.38 | 28.90 | 29.88 | 28.74 | 0.779 times |
| 12 Thu Sep 2024 | 28.45 | 28.22 | 28.68 | 27.91 | 0.867 times |
| 11 Wed Sep 2024 | 28.03 | 28.59 | 28.75 | 27.96 | 1.069 times |
| 10 Tue Sep 2024 | 28.62 | 28.20 | 29.00 | 27.96 | 1.08 times |
| 09 Mon Sep 2024 | 28.05 | 28.22 | 28.74 | 27.89 | 1.001 times |
Stock of Office Depot (ODP) has showed a significant fall. This could be a good time to exit from this stock.
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 28.4 as stoploss in an intra day buy trade for a target of 29.28. However, stock will show a bearish move below 28.4.
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 23.69 |
| Downside Target | 27.89 |
| Downside Target | 28.62 |
| Upside Target | 29.28 |
| Upside Target | 29.88 |
| Upside Target | 36.63 |
| Upside Target | 37.24 |
| Upside Target | 37.61 |
| Upside Target | 40.00 |
| Upside Target | 42.49 |
| Upside Target | 43.31 |
| Upside Target | 52.60 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 27.96 |
| Downside Intraday Target | 27.27 |
| Upside Intraday Target | 29.99 |
| Upside Intraday Target | 31.33 |
| Upside Intraday Target | 29.3 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 28.64 | 29.63 | 30.65 | 28.62 | 1.292 times |
| 13 Fri Sep 2024 | 29.38 | 28.22 | 29.88 | 27.89 | 1.038 times |
| 06 Fri Sep 2024 | 28.14 | 30.44 | 30.64 | 27.98 | 7.043 times |
| 30 Fri Aug 2024 | 30.85 | 30.36 | 30.88 | 30.07 | 0.172 times |
| 30 Fri Aug 2024 | 30.85 | 29.80 | 30.88 | 29.28 | 0.902 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 Fri Sep 2024 | 28.64 | 30.44 | 30.65 | 27.89 | 0.634 times |
| 30 Fri Aug 2024 | 30.85 | 42.44 | 42.49 | 23.69 | 1.57 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 tired and bears are picking up momentum.
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 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 28.94 and Office Depot (ODP) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 tired and bears are picking up momentum.
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 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 28.94 and Office Depot (ODP) stock is trading below this level. This means that stock is falling with high volumes. 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.