Stock Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Okta, Inc. - Class A (NASDAQ:OKTA)
Countertrend Down (-85) - OKTA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid OKTA?
MarketClub looks at technical strength and momentum to determine if the timing is right for OKTA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OKTA
The long-term trend has been DOWN since Oct 4th, 2021 at 226.06
The intermediate-term trend has been DOWN since Nov 22nd, 2021 at 239.91
The short-term trend has been UP since Jan 20th, 2022 at 205.07
Smart Scan Analysis for OKTA
Based on our trend formula, OKTA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||75.49||Year High Date||2018-09-11|
|Year Low||25.13||Year Low Date||2018-01-03|
|52wk High||294||52wk High Date||2021-02-12|
|52wk Low||184.02||52wk Low Date||2022-01-10|
|Average Volume||1,482,448||Shares Outstanding||155,544|