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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 2024-10-02 View latest technical analysis

10 day averaged volume of Office Depot is 699530

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Oct 2024	29.82	29.77	30.36	29.73	0.881 times
01 Tue Oct 2024	29.95	29.51	30.14	29.36	0.732 times
30 Mon Sep 2024	29.75	29.26	30.03	29.23	1.401 times
27 Fri Sep 2024	29.37	29.21	29.57	28.84	0.645 times
26 Thu Sep 2024	28.75	29.27	29.30	28.37	0.818 times
25 Wed Sep 2024	28.61	29.19	29.43	28.58	0.768 times
24 Tue Sep 2024	29.31	29.39	29.71	29.15	0.744 times
23 Mon Sep 2024	29.06	28.82	29.34	28.57	1.019 times
20 Fri Sep 2024	28.64	29.49	29.57	28.62	1.819 times
19 Thu Sep 2024	29.74	30.63	30.65	29.66	1.008 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.7, but if it comes below 29.7, then a intra day sell could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 29.03 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 30.5 as target.

Share price targets for Office Depot (ODP)

Target Type	Value
Downside Target	23.69
Downside Target	27.89
Downside Target	29.23
Upside Target	30.64
Upside Target	30.65
Upside Target	36.63
Upside Target	37.24
Upside Target	40.00
Upside Target	42.49
Upside Target	43.31

Intraday share price targets for Office Depot (ODP)

Target Type	Value
Downside Intraday Target	29.25
Downside Intraday Target	28.67
Upside Intraday Target	30.38
Upside Intraday Target	30.93
Downside Intraday Target	29.8

Weekly technical analysis of Office Depot (ODP)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Oct 2024	29.82	29.26	30.36	29.23	0.755 times
27 Fri Sep 2024	29.37	28.82	29.71	28.37	0.778 times
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

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
02 Wed Oct 2024	29.82	29.51	30.36	29.36	0.088 times
30 Mon Sep 2024	29.75	30.44	30.65	27.89	0.898 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

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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 but selling is losing 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 29.26 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 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.