EIGHTCO HOLDINGS INC (OCTO)
US22890A2033 - Common Stock
Taking everything into account, OCTO scores 0 out of 10 in our technical rating. OCTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, OCTO is a bad performer in the overall market: 93% of all stocks are doing better.
OCTO is one of the lesser performing stocks in the Containers & Packaging industry. 91% of 24 stocks in the same industry do better.
OCTO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so OCTO is lagging the market.
In the last month OCTO has a been trading in the 1.31 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
1.42
2.06
When analyzing the support we notice one important area.
- Support @1.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.35
Mansfield-4.76
10 Day High1.9
10 Day Low1.31
20 Day High1.93
20 Day Low1.31
52 Week High4.86
52 Week Low1.26
Performance
1 Week-6.29%
2 Weeks-17.22%
1 Month-8.02%
3 Month-41.57%
6 Month-43.45%
12 Month-38.1%
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)35.09
LBB1.39
UBB1.92
EIGHTCO HOLDINGS INC
NASDAQ:OCTO (12/20/2024, 8:00:01 PM)
After market: 1.47 -0.02 (-1.34%)1.49
+0.02 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg1.71%
1 Week-6.29%
2 Weeks-17.22%
1 Month-8.02%
3 Month-41.57%
6 Month-43.45%
12 Month-38.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.49%
ATR Inc37.08%
Range Today0.27
ADR(20)0.12
ADR(20)%8.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.35
Mansfield-4.76
10 Day High1.9
10 Day Low1.31
20 Day High1.93
20 Day Low1.31
52 Week High4.86
52 Week Low1.26
CS1 End1.43
CR1 Start2.04
Volume & EV
DER(3)-8.88%
DER(5)-5.24%
Volume372.10K
Volume Incr214.58%
Vol(5)99.44K
Vol(50)54.56K