OKTA INC (OKTA)

US6792951054 - Common Stock

83.28  +1.59 (+1.95%)

After market: 83.5 +0.22 (+0.26%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to OKTA. OKTA has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

OKTA 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 OKTA is lagging the market.
OKTA has an average volume of 3159170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, OKTA outperforms 53% of them, which is more or less in line with the market.
OKTA is an average performer in the IT Services industry, it outperforms 45% of 83 stocks in the same industry.
In the last month OKTA has a been trading in the 74.81 - 91.43 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

7

OKTA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 84.79. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

70.29

95.15

We found 2 important support areas.

  • A support zone ranging from 72.24 to 73.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 71.00 to 71.00. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 84.79 to 86.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 91.01 to 92.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @94.21 from a trend line in the weekly time frame.
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
CRS53.3
Mansfield-1.44
10 Day High87.06
10 Day Low80.16
20 Day High91.43
20 Day Low74.81
52 Week High114.5
52 Week Low70.56
Performance
1 Week1.57%
2 Weeks-1.78%
1 Month10.38%
3 Month9.94%
6 Month-4.18%
12 Month-6.8%
2 Year21.88%
3 Year-62.85%
5 Year-27.81%
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)-0.22
RSI(14)56.07
LBB80.62
UBB86.46
OKTA Daily chart

OKTA INC

NASDAQ:OKTA (12/20/2024, 8:00:01 PM)

After market: 83.5 +0.22 (+0.26%)

83.28

+1.59 (+1.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.95%
1 Week1.57%
2 Weeks-1.78%
1 Month10.38%
3 Month9.94%
6 Month-4.18%
12 Month-6.8%
2 Year21.88%
3 Year-62.85%
5 Year-27.81%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.73
ATR(20)%4.1%
ATR Inc-6.46%
Range Today3.41
ADR(20)3.18
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.3
Mansfield-1.44
10 Day High87.06
10 Day Low80.16
20 Day High91.43
20 Day Low74.81
52 Week High114.5
52 Week Low70.56
CS1 End73.03
CR1 Start84.79
Volume & EV
DER(3)-1.3%
DER(5)0.42%
Volume4.81M
Volume Incr-8.36%
Vol(5)4.17M
Vol(50)3.16M