(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 308280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 50.00 | 50.94 | 50.94 | 49.74 | 1.068 times |
| 16 Tue Apr 2024 | 50.48 | 50.00 | 50.51 | 49.60 | 0.993 times |
| 15 Mon Apr 2024 | 50.31 | 50.78 | 51.08 | 50.16 | 1.024 times |
| 12 Fri Apr 2024 | 50.43 | 50.66 | 50.88 | 50.08 | 1.138 times |
| 11 Thu Apr 2024 | 50.95 | 51.29 | 51.59 | 50.35 | 0.87 times |
| 10 Wed Apr 2024 | 51.08 | 50.18 | 51.13 | 49.83 | 1.124 times |
| 09 Tue Apr 2024 | 51.30 | 50.96 | 51.44 | 50.57 | 0.803 times |
| 08 Mon Apr 2024 | 50.72 | 51.13 | 51.20 | 50.61 | 1.205 times |
| 05 Fri Apr 2024 | 50.76 | 50.90 | 51.59 | 50.66 | 0.763 times |
| 04 Thu Apr 2024 | 50.88 | 52.01 | 52.22 | 50.83 | 0.814 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.5, but if it comes above 50.5, then a intra day buy could be more profitable.
If you take a sell trade below 50.5, then use 50.5 as stoploss and 49.6 as target. However if you take a buy trade in stock , then use 50.5 as stoploss and 51.35 as target.
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 44.98 |
| Downside Target | 49.55 |
| Upside Target | 51.59 |
| Upside Target | 52.84 |
| 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 | 49.37 |
| Downside Intraday Target | 48.75 |
| Upside Intraday Target | 50.85 |
| Upside Intraday Target | 51.71 |
| Upside Intraday Target | 50.23 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 50.00 | 50.78 | 51.08 | 49.60 | 0.6 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 |
| 22 Fri Mar 2024 | 52.37 | 51.31 | 52.84 | 50.03 | 0.631 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 |
| 17 Wed Apr 2024 | 50.00 | 52.94 | 53.38 | 49.60 | 0.429 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing 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 buy signal for Office Depot in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 50.67 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing 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 buy signal for Office Depot in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 50.67 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.