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(OPTOCIRCUI) Opto Circuits complete technical analysis [charts+indicators] | Buy/Sell Opto Circuits | (OPTOCIRCUI) share price targets

Complete technical analysis of Opto Circuits (OPTOCIRCUI) by charts plus indicators, forecast predictions and share price targets for Opto Circuits (OPTOCIRCUI)

Opto Circuits trades in NSE in Medical Equipment sector.

10 day averaged volume of Opto Circuits is 738147

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Feb 2021	3.85	4.00	4.00	3.80	1.684 times
18 Thu Feb 2021	4.05	4.20	4.25	3.90	0.877 times
17 Wed Feb 2021	4.10	4.35	4.35	3.95	2.238 times
16 Tue Feb 2021	4.35	4.40	4.60	4.20	0.951 times
15 Mon Feb 2021	4.40	4.85	4.85	4.35	2.62 times
12 Fri Feb 2021	4.80	4.95	4.95	4.70	0.773 times
11 Thu Feb 2021	4.90	4.95	4.95	4.85	0.3 times
10 Wed Feb 2021	4.85	5.00	5.00	4.80	0.389 times
09 Tue Feb 2021	4.95	4.90	5.00	4.75	0.77 times
08 Mon Feb 2021	4.90	4.80	5.00	4.80	0.621 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.2, but if it comes above 4.2, then a intra day buy could be more profitable.
If you take a sell trade below 4.2, then use 4.2 as stoploss and 2.9 as target. However if you take a buy trade in stock , then use 4.2 as stoploss and 5.34 as target.

Share price targets for Opto Circuits (OPTOCIRCUI)

Target Type	Value
Downside Target	3.80
Upside Target	4.15
Upside Target	4.70
Upside Target	4.85
Upside Target	5.00
Upside Target	5.20
Upside Target	5.50
Upside Target	6.25
Upside Target	6.55
Upside Target	6.85
Upside Target	6.90
Upside Target	7.45
Upside Target	7.80
Upside Target	8.20

Intraday share price targets for Opto Circuits (OPTOCIRCUI)

Target Type	Value
Downside Intraday Target	3.48
Downside Intraday Target	3.12
Upside Intraday Target	4.53
Upside Intraday Target	5.22
Upside Intraday Target	4.17

Weekly technical analysis of Opto Circuits (OPTOCIRCUI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Feb 2021	3.85	4.85	4.85	3.80	2.934 times
12 Fri Feb 2021	4.80	4.80	5.00	4.70	0.55 times
05 Fri Feb 2021	5.05	6.40	6.85	4.90	2.094 times
06 Fri Nov 2020	6.55	7.20	7.80	6.55	0.237 times
30 Fri Oct 2020	6.90	5.75	6.90	5.50	3.83 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Opto Circuits (OPTOCIRCUI)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Feb 2021	3.85	5.20	5.20	3.80	2.388 times
09 Mon Nov 2020	6.25	7.20	7.80	6.25	0.24 times
30 Fri Oct 2020	6.90	4.95	6.90	4.15	0.888 times
30 Wed Sep 2020	5.15	6.70	7.45	4.75	1.539 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Opto Circuits (OPTOCIRCUI)

Price action analysis of Opto Circuits ( (OPTOCIRCUI) ) 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 Opto Circuits ( (OPTOCIRCUI) ) 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 Opto Circuits ( (OPTOCIRCUI) ) 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 Opto Circuits stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Opto Circuits in short term and the sell signal is strong.

Opto Circuits 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 SELL signal for Opto Circuits in short term and SELL 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 Opto Circuits is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.35 and Opto Circuits (OPTOCIRCUI) 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 Opto Circuits (OPTOCIRCUI) stock. Volume based technical analysis of Opto Circuits (OPTOCIRCUI) stock is negative.

Opto Circuits 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.