OKTA INC (OKTA) Stock Technical Analysis
NASDAQ:OKTA - Nasdaq - US6792951054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to OKTA. OKTA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month OKTA has a been trading in the 97.32 - 127.52 range, which is quite wide. It is currently trading near the lows of this range.
OKTA has an average volume of 4436520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, OKTA turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
OKTA is part of the IT Services industry. There are 82 other stocks in this industry, OKTA did better than 49% of them.
OKTA is currently trading in the middle 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 slightly.
Although the technical rating is bad, OKTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 97.48, a Stop Loss order could be placed below this zone.
More info and screens
74.85
106.66
We found 2 important support areas.
- A support zone ranging from 96.49 to 97.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.54 to 105.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OKTA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for OKTA is down. |
| ChartMill Relative Strength | 46.05 | NEUTRAL | OKTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of OKTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of OKTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OKTA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.75 | NEUTRAL | The RSI value for OKTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests OKTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.33 | OVERSOLD | The low Stochastics value suggests OKTA may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for OKTA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.52 | POSITIVE | The high ADX value value for OKTA suggests a strong trend. |
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)
NASDAQ:OKTA (6/17/2025, 2:40:08 PM)
98.92
-0.36 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.36%
1 Week-1.9%
2 Weeks-5.2%
1 Month-22.01%
3 Month-12.71%
6 Month19.21%
12 Month14.23%
2 Year43.16%
3 Year9.82%
5 Year-50.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.18
ATR(20)%3.89%
ATR Inc-38.54%
Range Today1.91
ADR(20)3.03
ADR(20)%3.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.05
Mansfield0.29
10 Day High106.62
10 Day Low97.32
20 Day High127.52
20 Day Low97.32
52 Week High127.57
52 Week Low70.56
CS1 End97.48
CR1 Start105.54
Volume & EV
DER(3)-0.2%
DER(5)-0.69%
Volume1.52M
Volume Incr-38.37%
Vol(5)3.16M
Vol(50)4.44M