Octopus - Buy - High risk SetupOctopus is hitting lower locks since last 3 days and now at strong support zone at OB zone. Buy with strict loss at 61.94 and TP at previous support turned resistance 77.6 RR ratio 1:1.5
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1.22PKR
373.41 MPKR
919.67 MPKR
About OCTOPUS DIGITAL LIMITED
Sector
Industry
CEO
Tanveer Karamat
Website
Headquarters
Lahore
Founded
2017
ISIN
PK0127301015
FIGI
BBG012FH1BW9
Octopus Digital Ltd. engages in the business of helping businesses digitalize their manufacturing, supply chain, and financial workflows backed by strategic and operational maintenance support services. The firm also offers information technology enabled services which includes online data and information storage; online monitoring and review of employees' efficiency; online monitoring of cost and production efficiency; online monitoring and maintenance of plant and machinery; and selling and trading related software and equipment. The company was founded on December 29, 2017 and is headquartered in Lahore, Pakistan.
OCTOPUS | Bearish Divergence**OCTOPUS** - Sell Recommendation
Technical Analysis: The current price action is displaying a bearish divergence pattern, suggesting an imminent sell-off or profit-taking phase. The Relative Strength Index (RSI) has reached overbought territory and is currently signaling a potential downside move
OCTOPUS ANALYSIS 1.0
🚀 Trade Alert: OCTOPUS Bullish Flag Pattern 🚀
We have identified a bullish setup in OCTOPUS, highlighted by the following pattern:
Bullish Flag Pattern 🚩
Technical Indicators:
Previous High: Broken, confirming bullish momentum
Bearish Divergence: Previously present but neutralized after a signif
OCTOPUS is BullishBears seem to be exhausted as the price broke previous lower high and printed a higher high. A bullish rally is expected to be triggered from here. Targets are mentioned on the chart.
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Frequently Asked Questions
The current price of OCTOPUS is 67.84 PKR — it has decreased by −10.00% in the past 24 hours. Watch OCTOPUS DIGITAL LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange OCTOPUS DIGITAL LIMITED stocks are traded under the ticker OCTOPUS.
OCTOPUS stock has fallen by −34.64% compared to the previous week, the month change is a −32.06% fall, over the last year OCTOPUS DIGITAL LIMITED has showed a 67.55% increase.
OCTOPUS reached its all-time high on Aug 30, 2024 with the price of 121.35 PKR, and its all-time low was 34.14 PKR and was reached on Aug 31, 2023. View more price dynamics on OCTOPUS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
OCTOPUS stock is 11.11% volatile and has beta coefficient of 1.04. Track OCTOPUS DIGITAL LIMITED stock price on the chart and check out the list of the most volatile stocks — is OCTOPUS DIGITAL LIMITED there?
Yes, you can track OCTOPUS DIGITAL LIMITED financials in yearly and quarterly reports right on TradingView.
OCTOPUS DIGITAL LIMITED is going to release the next earnings report on Nov 27, 2024. Keep track of upcoming events with our Earnings Calendar.
OCTOPUS net income for the last quarter is −33.30 M PKR, while the quarter before that showed 123.70 M PKR of net income which accounts for −126.92% change. Track more OCTOPUS DIGITAL LIMITED financial stats to get the full picture.
No, OCTOPUS doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 2, 2024, the company has 102.00 employees. See our rating of the largest employees — is OCTOPUS DIGITAL LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. OCTOPUS DIGITAL LIMITED EBITDA is 125.05 M PKR, and current EBITDA margin is 1.84%. See more stats in OCTOPUS DIGITAL LIMITED financial statements.
Like other stocks, OCTOPUS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade OCTOPUS DIGITAL LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So OCTOPUS DIGITAL LIMITED technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating OCTOPUS DIGITAL LIMITED stock shows the neutral signal. See more of OCTOPUS DIGITAL LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.