(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)
Intraday share price targets for Opto Circuits (OPTOCIRCUI_BE)
|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|
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.