OKTA INC (OKTA)

US6792951054 - Common Stock

73.69  -0.82 (-1.1%)

Premarket: 73.78 +0.09 (+0.12%)

Technical Rating and Analysis

2

Taking everything into account, OKTA scores 2 out of 10 in our technical rating. OKTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than OKTA.
OKTA is one of the lesser performing stocks in the IT Services industry. 73% of 84 stocks in the same industry do better.
OKTA 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.
OKTA has an average volume of 1878100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OKTA has a been trading in the 70.92 - 80.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OKTA Weekly chart
OKTA Daily chart
Setup Rating and Analysis

6

OKTA has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

70.29

93.82

2 important support areas can be observed.

  • A support zone ranging from 72.24 to 72.64. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @71.00 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 74.63 to 77.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 78.65 to 78.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 92.40 to 92.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.52
Mansfield-2.53
10 Day High80.71
10 Day Low71.84
20 Day High80.71
20 Day Low70.92
52 Week High114.5
52 Week Low66.69
Performance
1 Week-6.03%
2 Weeks-3.81%
1 Month2.12%
3 Month-25.57%
6 Month-24.16%
12 Month0.6%
2 Year38.2%
3 Year-65.76%
5 Year-43.22%
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)-0.15
RSI(14)44.71
LBB71.45
UBB79.67
OKTA Daily chart

OKTA INC

NASDAQ:OKTA (11/20/2024, 8:00:02 PM)

Premarket: 73.78 +0.09 (+0.12%)

73.69

-0.82 (-1.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.1%
1 Week-6.03%
2 Weeks-3.81%
1 Month2.12%
3 Month-25.57%
6 Month-24.16%
12 Month0.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.23
ATR(20)%2.68%
ATR Inc
Range Today1.98
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 High80.71
10 Day Low71.84
20 Day High80.71
20 Day Low70.92
52 Week High114.5
52 Week Low66.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.09M
Volume Incr22.2%
Vol(5)2.11M
Vol(50)1.88M