EIGHTCO HOLDINGS INC (OCTO)
US22890A2033 - Common Stock
We assign a technical rating of 3 out of 10 to OCTO. OCTO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
OCTO is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 1.78 - 2.52 range, which is quite wide. It is currently trading near the lows of this range.
OCTO has an average volume of 2216140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, OCTO turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
OCTO is an average performer in the Containers & Packaging industry, it outperforms 69% of 24 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
OCTO has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.53
3.50
4 important support areas can be observed.
- Support @1.98 from a trend line in the daily time frame.
- Support @1.93 from a horizontal line in the weekly time frame.
- Support @1.87 from a horizontal line in the daily time frame.
- Support @1.55 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.08 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.16 from a horizontal line in the daily time frame.
- Resistance @2.38 from a trend line in the weekly time frame.
- Resistance @3.47 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.16
Mansfield-3.3
10 Day High2.33
10 Day Low1.91
20 Day High2.52
20 Day Low1.78
52 Week High4.86
52 Week Low1.26
Performance
1 Week-7.44%
2 Weeks-12.72%
1 Month-8.29%
3 Month50.76%
6 Month-38.28%
12 Month-23.45%
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)-0.03
RSI(14)45.82
LBB1.76
UBB2.52
EIGHTCO HOLDINGS INC
NASDAQ:OCTO (11/4/2024, 8:27:40 PM)
1.99
+0.01 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.51%
1 Week-7.44%
2 Weeks-12.72%
1 Month-8.29%
3 Month50.76%
6 Month-38.28%
12 Month-23.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%8.83%
ATR Inc
Range Today0.15
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 High2.33
10 Day Low1.91
20 Day High2.52
20 Day Low1.78
52 Week High4.86
52 Week Low1.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume32.80K
Volume Incr-81.51%
Vol(5)23.48K
Vol(50)2.22M