(OCC) Optical Cable complete technical analysis [charts+indicators] | Buy/Sell Optical Cable | (OCC) share price targets
Complete technical analysis of Optical Cable (OCC) by charts plus indicators, forecast predictions and share price targets for Optical Cable (OCC)
Optical Cable trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-05-17 View latest technical analysis
10 day averaged volume of Optical Cable is 4386
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2.75 | 2.76 | 2.82 | 2.75 | 2.333 times |
| 16 Thu May 2024 | 2.76 | 2.81 | 2.81 | 2.76 | 0.322 times |
| 15 Wed May 2024 | 2.81 | 2.89 | 2.89 | 2.79 | 0.376 times |
| 14 Tue May 2024 | 2.78 | 2.75 | 2.93 | 2.75 | 1.87 times |
| 13 Mon May 2024 | 2.77 | 2.94 | 2.95 | 2.77 | 2.417 times |
| 10 Fri May 2024 | 2.99 | 2.92 | 2.99 | 2.92 | 0.616 times |
| 09 Thu May 2024 | 3.08 | 2.90 | 3.08 | 2.90 | 1.3 times |
| 07 Tue May 2024 | 2.85 | 2.86 | 2.94 | 2.85 | 0.821 times |
| 06 Mon May 2024 | 2.80 | 2.90 | 2.94 | 2.80 | 0.41 times |
| 03 Fri May 2024 | 2.93 | 2.93 | 2.93 | 2.91 | 0.866 times |
Stock of Optical Cable (OCC) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 2.84. However, stock will show a bearish move below 2.7.
Share price targets for Optical Cable (OCC)
| Target Type | Value |
| Downside Target | 2.49 |
| Downside Target | 2.60 |
| Downside Target | 2.71 |
| Upside Target | 2.86 |
| Upside Target | 2.93 |
| Upside Target | 3.00 |
| Upside Target | 3.03 |
| Upside Target | 3.06 |
| Upside Target | 3.08 |
| Upside Target | 3.53 |
Intraday share price targets for Optical Cable (OCC)
| Target Type | Value |
| Downside Intraday Target | 2.68 |
| Downside Intraday Target | 2.62 |
| Upside Intraday Target | 2.88 |
| Upside Intraday Target | 3.02 |
| Upside Intraday Target | 2.82 |
Weekly technical analysis of Optical Cable (OCC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2.75 | 2.94 | 2.95 | 2.75 | 2.325 times |
| 10 Fri May 2024 | 2.99 | 2.90 | 3.08 | 2.80 | 0.676 times |
| 03 Fri May 2024 | 2.93 | 3.03 | 3.03 | 2.75 | 1.193 times |
| 26 Fri Apr 2024 | 3.00 | 2.78 | 3.00 | 2.71 | 1.089 times |
| 19 Fri Apr 2024 | 2.80 | 2.83 | 2.93 | 2.74 | 1.246 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 Optical Cable (OCC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 2.75 | 2.80 | 3.08 | 2.75 | 0.86 times |
| 30 Tue Apr 2024 | 2.80 | 2.83 | 3.03 | 2.71 | 0.337 times |
| 28 Thu Mar 2024 | 2.83 | 3.11 | 3.53 | 2.60 | 2.11 times |
| 29 Thu Feb 2024 | 3.06 | 2.67 | 3.06 | 2.52 | 0.773 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 Optical Cable (OCC)
Price action analysis of Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Optical Cable stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Optical Cable in short term and the sell signal is strong.
Optical Cable 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Optical Cable in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Optical Cable is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.84 and Optical Cable (OCC) 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 Optical Cable (OCC) stock. Volume based technical analysis of Optical Cable (OCC) stock is negative.
Optical Cable 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 Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) 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 Optical Cable ( (OCC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Optical Cable stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Optical Cable in short term and the sell signal is strong.
Optical Cable 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Optical Cable in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Optical Cable is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.84 and Optical Cable (OCC) 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 Optical Cable (OCC) stock. Volume based technical analysis of Optical Cable (OCC) stock is negative.
Optical Cable 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.