Trading Signals: OKTA Stock Price Prediction and Forecast

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Thu. Sep. 3, 2020

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

(Okta, Inc.)
OKTA latest price $208.8100 (-9.45%) ($207.2100 - $226.4300) on Thu. Sep. 3, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.04% (three month average)
RSI   58
Latest Price   $208.8100(-9.45%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OKTA declines -0.9% a day on average for past five trading days.
Weekly Trend   OKTA advances 3.1% 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(64%)    SKYY(63%)    IBUY(59%)    IWF(57%)    QQQ(57%)
Factors Impacting OKTA price   OKTA will decline at least -1.52% in a week (0% probabilities).
VIXM(-22%)    UUP(-18%)    TBT(-16%)    VXX(-10%)    DRIV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.52% (StdDev 3.04%)
Hourly BBV -2.2 ()
Intraday Trend 0%

Inflection Point   Yes
Resistance Level   $209.35
5 Day Moving Average   $217.38(-3.94%)
10 Day Moving Average   $215.5(-3.1%)
20 Day Moving Average   $209.35(-0.26%)
To recent high   -9.4%
To recent low   16.7%
Market Cap   $26.746b

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 4.39% (three month std-dev: 3.04%) 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

> 20201003

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	Sep_3_2020	192.91	209.35	215.5	217.38	219.71	220.59	208.81(-9.45%)	CR	SmallShort	-20	-0.9	-60	60	-88	26	4.16	60%	0.35	-3	3.04%	-2.2	-0.1	58	-3.2
2	Sep_2_2020	192.24	209.73	215.83	219.37	219	226.03	230.59(2.69%)	UT	OpenLong	75	1.2	153	220	154	149	2.49	66%	0.48	2	2.81%	1.3	2.2	67	-1.3
3	Sep_1_2020	191.32	209.18	213.2	218.08	216.94	218.82	224.56(4.31%)	UT	OpenLong	75	0.7	137	40	135	143	2.58	68%	0.48	4.3	2.82%	1.4	1.7	67	-1
4	Aug_31_2020	190.41	208.78	211.25	215.08	216.64	211.97	215.28(3.66%)	N/A	N/A	0	0	-7	-130	-32	70	1.86	66%	0.13	2.2	2.82%	-0.2	0.8	65	-0.6
5	Aug_28_2020	190.16	209.02	209.75	213.03	215.15	215.05	207.67(-5.07%)	N/A	N/A	0	-0.6	-66	30	-98	32	3.95	67%	0.42	3.8	2.89%	-1.8	-0.2	58	0.5

6	Aug_27_2020	189.37	209.63	208.99	213.13	214.13	221.3	218.75(-2.41%)	UD	OpenLong	75	0.6	137	250	142	123	2.6	71%	0.49	11.5	2.83%	0.5	1	57	0.5
7	Aug_26_2020	188.45	209.55	207.33	211.57	211.35	215.25	224.15(6.97%)	UT	OpenLong	75	1.4	175	130	193	122	2.05	68%	0.54	13.4	2.83%	1.3	1.6	52	1
8	Aug_25_2020	187.44	208.8	204.67	207.74	208.18	206.96	209.55(2.21%)	N/A	N/A	0	0.2	1	-30	1	0	0.93	65%	0.44	1.8	2.77%	0.8	0.1	37	1.3
9	Aug_24_2020	186.61	208.6	203.35	206.99	207.57	207.44	205.02(-1.52%)	DT	OpenShort	-75	-0.2	-31	0	-29	-38	0.96	65%	0.47	-4.2	2.78%	-1.4	-0.4	38	1.3
10	Aug_21_2020	185.73	208.68	202.82	205.91	207.28	209.41	208.18(-1.31%)	N/A	N/A	0	0.3	41	90	64	-29	1.05	65%	0.51	-11.8	2.78%	-0.3	-0.1	38	1.4

11	Aug_20_2020	184.79	208.58	202.69	204.05	204.83	207.7	210.94(2.88%)	RB	SmallLong	20	0.8	47	110	78	-47	1.01	65%	0.51	-18.7	2.78%	1.6	0.3	40	1.5
12	Aug_19_2020	183.86	208.37	203.08	202.42	202.41	205.15	205.03(-0.37%)	N/A	N/A	0	0.3	37	90	70	-62	0.96	64%	0.46	-21.9	2.79%	0.8	-0.4	37	1.5
13	Aug_18_2020	183.02	208.66	204.7	201.18	201.69	201.95	205.79(3.09%)	N/A	N/A	0	0.6	34	20	65	-61	1.26	64%	0.46	-22.8	2.79%	1.7	-0.3	47	1.8
14	Aug_17_2020	182.19	208.94	205.91	199.25	200.11	199.67	199.63(0.39%)	DP	OpenShort	-75	0	-45	-0	-27	-98	1.8	63%	0.44	-27	2.78%	-0.3	-1.1	48	1.9
15	Aug_14_2020	181.39	209.66	208.1	199.24	199.65	201.43	198.86(-1.93%)	DP	OpenShort	-65	-0	-13	70	7	-71	1.13	63%	0.43	-21	2.79%	-1	-1.3	47	1.6

16	Aug_13_2020	180.62	210.16	210.3	201.08	199.81	200.56	202.77(1.97%)	N/A	N/A	0	0.2	6	10	22	-42	1.07	63%	0.48	-21.5	2.78%	0.9	-0.9	50	1.5
17	Aug_12_2020	179.75	210.22	211.97	203.99	201.26	197.87	198.85(1.39%)	DP	OpenShort	-75	-0.7	-84	-160	-91	-61	1.14	63%	0.42	-23.3	2.78%	0.2	-1.5	46	1.6
18	Aug_11_2020	178.99	210.58	213.35	208.91	206.13	199.07	196.13(-1.74%)	DT	OpenShort	-75	-1.7	-157	-280	-185	-71	1.46	63%	0.45	-15.7	2.78%	-0.8	-1.9	40	1.1
19	Aug_10_2020	178.19	211.22	214.55	213.57	212.53	204.66	199.6(-4.07%)	DT	OpenShort	-75	-2	-179	-270	-218	-63	2.28	63%	0.48	0.9	2.78%	-1.1	-1.6	41	1.7
20	Aug_7_2020	177.34	211.37	215.45	218.1	217.11	213.19	208.07(-4.25%)	DT	OpenShort	-75	-1.4	-139	-140	-176	-26	1.72	66%	0.55	14.7	2.73%	-1.5	-0.5	46	1.6

21	Aug_6_2020	176.37	211.88	215.41	220.67	220.35	220.4	217.3(-2.76%)	N/A	N/A	0	-0.5	-0	-0	-18	53	1	70%	0.67	30.7	2.7%	-0.9	0.7	62	1.7
22	Aug_5_2020	175.2	212.07	214.41	221.08	220.8	221.03	223.47(1.85%)	UT	OpenLong	75	0.3	49	0	37	84	1.28	73%	0.67	39.8	2.69%	1.1	1.5	74	1.7
23	Aug_4_2020	174.03	211.78	213.04	218.55	219.48	220.29	219.41(-1.28%)	UD	OpenLong	75	0.1	39	40	28	73	1.03	73%	0.73	45	2.7%	-0.1	1.1	68	1.6
24	Aug_3_2020	172.77	211.15	212.16	215.7	217.34	220.57	222.25(0.6%)	UT	OpenLong	75	1	89	130	90	86	1.21	73%	0.68	39.5	2.72%	1.1	1.6	67	1.3
25	Jul_31_2020	171.6	210.36	211.14	212.44	213.34	218.66	220.92(0.72%)	UT	OpenLong	75	1.3	121	190	129	96	1.05	73%		30.4	2.74%	0.8	1.6	72	1.5
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

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