logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2021-02-23 View latest technical analysis

10 day averaged volume of Opto Circuits is 294284

Date Daily Closing Price Open High Low Volume
23 Tue Feb 2021 4.20 4.10 4.20 4.00 0.665 times
22 Mon Feb 2021 4.00 3.95 4.00 3.80 2.168 times
01 Mon Feb 2021 5.00 5.20 5.20 4.95 0.452 times
29 Fri Jan 2021 5.05 5.20 5.20 4.90 0.548 times
28 Thu Jan 2021 5.05 5.15 5.15 4.85 0.474 times
27 Wed Jan 2021 5.00 5.15 5.25 4.80 0.89 times
25 Mon Jan 2021 5.05 5.40 5.40 5.05 1.127 times
22 Fri Jan 2021 5.30 5.20 5.45 5.15 0.886 times
21 Thu Jan 2021 5.35 5.50 5.50 5.25 1.126 times
20 Wed Jan 2021 5.50 5.55 5.60 5.40 0.792 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.1, for a target of 4.8 or 5.35

Share price targets for Opto Circuits (OPTOCIRCUI_BE)

Target Type Value
Downside Target 3.80
Downside Target 4.20
Upside Target 4.80
Upside Target 4.95
Upside Target 5.15
Upside Target 5.35
Upside Target 5.60
Upside Target 6.20
Upside Target 6.50
Upside Target 7.00
Upside Target 8.45

Intraday share price targets for Opto Circuits (OPTOCIRCUI_BE)

Target Type Value
Downside Intraday Target 3.93
Downside Intraday Target 3.67
Upside Intraday Target 4.33
Upside Intraday Target 4.47
Downside Intraday Target 4.07

Weekly technical analysis of Opto Circuits (OPTOCIRCUI_BE)

Date Weekly Closing Price Open High Low Volume
23 Tue Feb 2021 4.20 3.95 4.20 3.80 6.261 times
01 Mon Feb 2021 5.00 5.20 5.20 4.95 0.149 times
29 Fri Jan 2021 5.05 5.40 5.40 4.80 0.505 times
22 Fri Jan 2021 5.30 5.25 5.60 5.15 0.572 times
15 Fri Jan 2021 5.45 6.50 6.50 5.35 1.08 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_BE)

Date Monthly Closing Price Open High Low Volume
23 Tue Feb 2021 4.20 5.20 5.20 3.80 0.105 times
29 Fri Jan 2021 5.05 5.65 6.50 4.80 0.664 times
31 Thu Dec 2020 5.65 4.95 6.20 4.95 2.499 times
27 Fri Nov 2020 5.20 6.20 6.50 5.20 0.458 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 Opto Circuits (OPTOCIRCUI_BE)

Indicator Name Indicator Value Indicator Signal
ADX 18, 45, 42 Sell
MACD -1, -1Sell
Stochastics 19Sell
CCI -149Buy
RSI 50Sell
OBV -2378515Sell
VWAP 5Sell
ADL 0Sell
ROC -24Sell
Force Index 0Sell

Price action analysis of Opto Circuits ( (OPTOCIRCUI_BE) ) based on a short term time period is

Price action analysis of Opto Circuits ( (OPTOCIRCUI_BE) ) 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 Opto Circuits ( (OPTOCIRCUI_BE) ) 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_BE) ) 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Opto Circuits in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 4.83 and Opto Circuits (OPTOCIRCUI_BE) 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_BE) stock. Volume based technical analysis of Opto Circuits (OPTOCIRCUI_BE) 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.

Click here for Opto Circuits charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme