(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 272680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 52.26 | 51.75 | 52.60 | 51.75 | 0.813 times |
| 03 Fri May 2024 | 51.74 | 51.47 | 51.84 | 51.01 | 0.917 times |
| 02 Thu May 2024 | 50.91 | 51.05 | 51.35 | 50.60 | 0.859 times |
| 01 Wed May 2024 | 50.85 | 50.96 | 51.87 | 50.70 | 0.855 times |
| 30 Tue Apr 2024 | 50.91 | 51.51 | 52.13 | 50.72 | 1.311 times |
| 29 Mon Apr 2024 | 51.79 | 51.42 | 52.02 | 50.66 | 0.757 times |
| 26 Fri Apr 2024 | 51.39 | 51.25 | 51.49 | 50.71 | 0.744 times |
| 25 Thu Apr 2024 | 51.43 | 50.89 | 51.48 | 50.13 | 1.061 times |
| 24 Wed Apr 2024 | 51.25 | 51.82 | 51.96 | 51.23 | 0.822 times |
| 23 Tue Apr 2024 | 52.31 | 50.10 | 52.69 | 49.90 | 1.256 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.7, but if it comes below 51.7, then a intra day sell could be more profitable.
If you take a sell trade below 51.7, then use 51.7 as stoploss and 50.95 as target. However if you take a buy trade in stock , then use 51.7 as stoploss and 52.6 as target.
Share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Target | 49.18 |
| Downside Target | 51.75 |
| Downside Target | 52.13 |
| Upside Target | 52.60 |
| Upside Target | 52.69 |
| Upside Target | 53.38 |
| Upside Target | 56.25 |
| Upside Target | 56.80 |
| Upside Target | 58.13 |
Intraday share price targets for Office Depot (ODP)
| Target Type | Value |
| Downside Intraday Target | 51.81 |
| Downside Intraday Target | 51.35 |
| Upside Intraday Target | 52.66 |
| Upside Intraday Target | 53.05 |
| Downside Intraday Target | 52.2 |
Weekly technical analysis of Office Depot (ODP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 52.26 | 51.75 | 52.60 | 51.75 | 0.173 times |
| 03 Fri May 2024 | 51.74 | 51.42 | 52.13 | 50.60 | 0.886 times |
| 26 Fri Apr 2024 | 51.39 | 50.42 | 52.69 | 49.79 | 0.933 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 |
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 |
| 06 Mon May 2024 | 52.26 | 50.96 | 52.60 | 50.60 | 0.142 times |
| 30 Tue Apr 2024 | 50.91 | 52.94 | 53.38 | 49.18 | 0.709 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 |
Scroll below to view daily charts
Price has moved up 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Office Depot ( (ODP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Office Depot ( (ODP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 but buying is losing 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 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 51.49 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Office Depot ( (ODP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Office Depot ( (ODP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Office Depot ( (ODP) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 but buying is losing 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 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 51.49 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.