Trading Signals: OKTA Stock Price Prediction and Forecast

^ OKTA: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Mar. 11, 2020

Trading Signals: OKTA Stock Price Prediction and Forecast (Fri. Apr. 7, 2017 - Fri. Dec. 22, 2023)

(Okta, Inc.)
OKTA latest price $114.7500 (-3.74%) ($111.0300 - $119.2000) on Wed. Mar. 11, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.59% (three month average)
RSI   32
Latest Price   $114.7500(-3.74%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OKTA declines -2.7% a day on average for past five trading days.
Weekly Trend   OKTA declines -3.7% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support OKTA advance at 0% a week (0% probability)
IPO(66%)    SKYY(64%)    IBUY(60%)    ONLN(58%)    ARKK(57%)
Factors Impacting OKTA price   OKTA will decline at least -1.295% in a week (0% probabilities).
VIXM(-27%)    VXX(-13%)    UUP(-11%)    TBT(-10%)    UNG(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.295% (StdDev 2.59%)
Hourly BBV 0 ()
Intraday Trend -1.5%

Resistance Level   $129.07
5 Day Moving Average   $120.77(-4.98%)
10 Day Moving Average   $124.9(-8.13%)
20 Day Moving Average   $129.07(-11.09%)
To recent high   -17.7%
To recent low   1.3%
Market Cap   $14.698b

Okta, Inc. engages in the provision of identity management platform for the enterprise. It operates through United States and International geographical segments. The firm's products include single sign-on, multi factor authentication, API access management, authentication, user management, and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.

$. OKTA price fluctuates within 5.7% (three month std-dev: 2.59%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200411

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_11_2020	122.75	129.07	124.9	120.77	118.81	116.19	114.75(-3.74%)	DT	OpenShort	-75	-0.8	-74	-200	-61	-111	2.6	38%	0.14	-44.2	2.59%	0	-1.9	32	-2.2
2	Mar_10_2020	122.58	130.24	126.31	124.08	122.42	116.13	119.21(3.8%)	DP	OpenShort	-75	-0.7	-155	-400	-161	-138	2.45	39%	0.15	-34	2.56%	0	-1.6	33	-2
3	Mar_9_2020	122.4	131.11	126.81	126.51	126.05	121.42	114.85(-8.83%)	DT	OpenShort	-75	-1.9	-207	-270	-221	-165	2.72	36%	0.14	-22.1	2.51%	0	-2.6	31	-2.7
4	Mar_6_2020	122.23	132.09	128.15	130.23	130.43	128.72	125.97(-2.39%)	DT	OpenShort	-75	-0.9	-64	-90	-57	-86	4.71	41%	0.18	-3.2	2.26%	0	-1.2	38	-2.3
5	Mar_5_2020	122.01	132.35	128.88	130.64	131.27	130.67	129.05(-1.74%)	DT	OpenShort	-75	-0.3	-20	-20	-5	-65	2.41	43%	0.2	-3.6	2.24%	0	-0.7	43	-2.1

6	Mar_4_2020	121.77	132.41	129.73	129.6	129.72	132.15	131.34(0%)	N/A	N/A	0	0.4	13	130	37	-59	1.94	43%	0.13	-9.1	2.25%	0	-0.2	43	-1.6
7	Mar_3_2020	121.61	132.58	130.43	128.9	127.8	131.87	131.34(-1.57%)	N/A	N/A	0	0.5	94	200	134	-25	2.11	43%	0.13	-6.3	2.27%	0	-0.3	43	-2.3
8	Mar_2_2020	121.45	132.51	131.01	127.22	126.15	127.29	133.43(4.19%)	RB	SmallLong	20	1.3	64	40	103	-52	1.91	39%	0.15	-12.8	2.28%	0	0.2	47	-1.9
9	Feb_28_2020	121.27	132.26	131.29	125.9	124.96	123.73	128.06(3.42%)	DP	OpenShort	-75	0.4	-58	-90	-39	-115	2.34	35%	0.12	-21.3	2.33%	0	-0.8	46	-2.8
10	Feb_27_2020	121.13	132.52	132.02	127	125.24	125.01	123.83(-3.12%)	DT	OpenShort	-75	-0.7	-90	-50	-82	-115	2.12	31%	0.05	-10.9	2.31%	0	-1.8	45	-3.1

11	Feb_26_2020	121.07	132.85	133.44	129.95	128.05	126.2	127.82(3.94%)	DP	OpenShort	-75	-0.5	-44	-140	-40	-56	1.72	33%	0.11	10.3	2.27%	0	-1.1	50	-2.4
12	Feb_25_2020	120.94	132.89	134.42	132.28	131.11	125.48	122.97(-3.02%)	DT	OpenShort	-75	-2.1	-144	-330	-166	-77	1.78	27%	0.03	27	2.22%	0	-2.2	36	-3.2
13	Feb_24_2020	120.9	133.13	135.83	135.27	134.53	129.9	126.8(-5.08%)	DT	OpenShort	-75	-2	-171	-260	-211	-49	2.19	29%	0.09	49.4	2.19%	0	-1.5	50	-3.1
14	Feb_21_2020	120.79	133.32	136.57	137.31	137.57	136.73	133.59(-3.58%)	N/A	N/A	0	-0.9	-40	-40	-68	45	1.41	33%	0.17	67.5	2.09%	0	0.1	61	-0.8
15	Feb_20_2020	120.59	133.06	136.32	137.66	138.04	139.17	138.55(-0.68%)	UD	OpenLong	75	0.2	42	70	27	85	1.72	36%	0.31	67.7	2.04%	0	1.3	58	0.4

16	Feb_19_2020	120.22	132.39	135.47	137.46	137.59	138.41	139.5(1.16%)	UT	OpenLong	75	0.5	60	40	49	94	1.6	42%	0.31	61.1	2.07%	0	1.6	65	1
17	Feb_18_2020	119.85	131.67	134.95	137.02	136.89	136.91	137.9(0.63%)	UT	OpenLong	75	0.2	27	-0	7	86	0.95	42%	0.54	53.7	2.12%	0	1.5	65	0.8
18	Feb_14_2020	119.21	131.06	134.11	136.59	136.84	136.76	137.03(1.27%)	UT	OpenLong	75	0.1	33	0	13	92	1.18	42%	0.3	48.6	2.14%	0	1.4	67	0.9
19	Feb_13_2020	118.85	130.61	133.23	135.74	136.15	136.87	135.31(-1.65%)	UD	OpenLong	75	-0.1	40	50	25	85	1.13	42%	0.29	45.5	2.14%	0	1.2	58	0.6
20	Feb_12_2020	118.51	130.25	132.97	134.7	134.83	136.91	137.58(0.23%)	UT	OpenLong	75	0.8	82	110	74	104	1.3	42%	0.3	43.8	2.15%	0	1.9	63	1

21	Feb_11_2020	118.15	129.78	132.09	133.12	132.81	135.42	137.27(1.11%)	UT	OpenLong	75	1.2	86	130	82	97	1.11	42%	0.29	44.2	2.16%	0	2.2	66	0.1
22	Feb_10_2020	117.81	129.43	131.09	132.61	131.64	132.75	135.76(2.24%)	UT	OpenLong	75	1.1	78	40	73	93	1.34	42%	0.26	59.4	2.16%	0	2.2	64	0.2
23	Feb_7_2020	117.51	129.07	130.09	131.33	131.28	130.21	132.79(2.08%)	UT	OpenLong	75	0.6	20	-60	9	53	1.08	44%	0.26	75.3	2.2%	0	1.5	60	-0.1
24	Feb_6_2020	117.21	128.84	129.75	130.38	130.6	130.53	130.09(0.32%)	N/A	N/A	0	-0.1	-32	0	-50	21	1.24	44%	0.24	91.8	2.23%	0	0.5	53	0.2
25	Feb_5_2020	116.93	128.62	129.54	130.95	130.96	132.35	129.67(-3.78%)	UD	OpenLong	75	-0.5	47	70	41	64	1.86	44%		115.9	2.23%	0	0.4	52	0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.