EIGHTCO HOLDINGS INC (OCTO)
US22890A2033 - Common Stock
Taking everything into account, OCTO scores 1 out of 10 in our technical rating. OCTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
93% of all other stocks performed better in the past year than OCTO.
OCTO is one of the lesser performing stocks in the Containers & Packaging industry. 100% of 23 stocks in the same industry do better.
OCTO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month OCTO has a been trading in the 1.32 - 1.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of OCTO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.38
1.96
We found 1 important support area.
- Support @1.39 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.92 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.57
Mansfield-4.22
10 Day High1.82
10 Day Low1.32
20 Day High1.97
20 Day Low1.32
52 Week High4.5
52 Week Low1.26
Performance
1 Week28.79%
2 Weeks3.47%
1 Month1.7%
3 Month-32.07%
6 Month-50.96%
12 Month-41.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.74
LBB1.3
UBB1.94
EIGHTCO HOLDINGS INC
NASDAQ:OCTO (9/17/2024, 8:25:07 PM)
After market: 1.71 -0.08 (-4.47%)1.79
+0.15 (+9.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg9.15%
1 Week28.79%
2 Weeks3.47%
1 Month1.7%
3 Month-32.07%
6 Month-50.96%
12 Month-41.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%8.67%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.82
10 Day Low1.32
20 Day High1.97
20 Day Low1.32
52 Week High4.5
52 Week Low1.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume82.60K
Volume Incr-19.26%
Vol(5)49.60K
Vol(50)257.70K