(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.
10 day averaged volume of Office Depot is 315000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 52.31 | 50.10 | 52.69 | 49.90 | 1.087 times |
| 22 Mon Apr 2024 | 49.89 | 50.42 | 50.67 | 49.79 | 1.228 times |
| 19 Fri Apr 2024 | 50.28 | 49.18 | 50.34 | 49.18 | 0.757 times |
| 18 Thu Apr 2024 | 49.38 | 50.00 | 50.36 | 49.37 | 1.145 times |
| 17 Wed Apr 2024 | 50.00 | 50.94 | 50.94 | 49.74 | 1.045 times |
| 16 Tue Apr 2024 | 50.48 | 50.00 | 50.51 | 49.60 | 0.972 times |
| 15 Mon Apr 2024 | 50.31 | 50.78 | 51.08 | 50.16 | 1.003 times |
| 12 Fri Apr 2024 | 50.43 | 50.66 | 50.88 | 50.08 | 1.114 times |
| 11 Thu Apr 2024 | 50.95 | 51.29 | 51.59 | 50.35 | 0.851 times |
| 10 Wed Apr 2024 | 51.08 | 50.18 | 51.13 | 49.83 | 1.1 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.1, but if it comes below 52.1, then a intra day sell could be more profitable.
If you take a sell trade below 52.1, then use 52.1 as stoploss and 51.1 as target. However if you take a buy trade in stock , then use 52.1 as stoploss and 53.2 as target.
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 44.98 |
| Downside Target | 49.18 |
| Downside Target | 51.59 |
| Upside Target | 52.69 |
| Upside Target | 53.38 |
| Upside Target | 53.56 |
| Upside Target | 56.25 |
| Upside Target | 56.80 |
| Upside Target | 58.13 |
| Upside Target | 58.98 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 50.5 |
| Downside Intraday Target | 48.7 |
| Upside Intraday Target | 53.4 |
| Upside Intraday Target | 54.5 |
| Downside Intraday Target | 51.6 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 52.31 | 50.42 | 52.69 | 49.79 | 0.47 times |
| 19 Fri Apr 2024 | 50.28 | 50.78 | 51.08 | 49.18 | 0.978 times |
| 12 Fri Apr 2024 | 50.43 | 51.13 | 51.59 | 49.83 | 1.096 times |
| 05 Fri Apr 2024 | 50.76 | 52.94 | 53.38 | 50.66 | 1.304 times |
| 28 Thu Mar 2024 | 53.05 | 52.70 | 53.56 | 51.42 | 0.499 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 |
| 23 Tue Apr 2024 | 52.31 | 52.94 | 53.38 | 49.18 | 0.571 times |
| 28 Thu Mar 2024 | 53.05 | 56.25 | 56.25 | 49.84 | 1.712 times |
| 29 Thu Feb 2024 | 56.48 | 51.42 | 58.13 | 50.17 | 1.266 times |
| 31 Wed Jan 2024 | 51.14 | 55.79 | 56.80 | 49.55 | 0.614 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong 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 moving up
CCI has generated a buy signal for Office Depot in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 50.5 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.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong 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 moving up
CCI has generated a buy signal for Office Depot in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 50.5 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.