Stock Trend Analysis Report
Prepared for you on Monday, August 10, 2020.
Office Depot, Inc (NASDAQ:ODP)
Strong Downtrend (-100) - ODP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ODP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ODP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ODP
The long-term trend has been DOWN since Aug 5th, 2020 at 18.45
The intermediate-term trend has been DOWN since Jun 19th, 2020 at 23.00
The short-term trend has been DOWN since Jul 24th, 2020 at 22.83
Smart Scan Analysis for ODP
Based on our trend formula, ODP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||3.66||Year High Date||2018-01-16|
|Year Low||2||Year Low Date||2018-04-09|
|52wk High||2.99||52wk High Date||2020-06-08|
|52wk Low||1.23||52wk Low Date||2019-08-28|
|Average Volume||7,438,207||Shares Outstanding||526,338|