Trading Signals: OKTA Stock Price Prediction and Forecast

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Mon. Oct. 19, 2020

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

(Okta, Inc.)
OKTA latest price $241.9600 (-0.86%) ($240.3700 - $248.4400) on Mon. Oct. 19, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.71% (three month average)
RSI   83
Latest Price   $241.9600(-0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OKTA declines -0.3% a day on average for past five trading days.
Weekly Trend   OKTA advances 5.5% 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 -1.355% in a week (0% probabilities).
VIXM(-23%)    UUP(-19%)    TBT(-16%)    VXX(-9%)    DRIV(-8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.355% (StdDev 2.71%)
Hourly BBV -2.4 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $244.53(-1.05%)
10 Day Moving Average   $241.38(0.24%)
20 Day Moving Average   $228.8(5.75%)
To recent high   -2.1%
To recent low   25.3%
Market Cap   $30.992b

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 6.42% (three month std-dev: 2.71%) daily (68% of days).

Sample size 10 Average positive next day return: 2.06%(70%) Average negative next day return: -1.68%(30%) Sample size 10 Average positive next three day return: 2.64%(50%) Average negative next three day return: -4.73%(50%) Sample size 10 Average positive next weekly return: 5.79%(70%) Average negative next weekly return: -3.2%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201119

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	Oct_19_2020	208.61	228.8	241.38	244.53	244.11	244.02	241.96(-0.86%)	UD	OpenLong	65	-0.2	14	-10	-19	113	0.73	63%	0.23	84.3	2.71%	-2.4	0.9	83	0.7
2	Oct_16_2020	208.14	227.06	240.05	245.31	244.96	244.4	244.06(-0.99%)	UD	OpenLong	75	-0.1	44	-20	10	146	0.77	63%	0.29	86.1	2.72%	0	1.1	86	1.4
3	Oct_15_2020	207.54	224.77	237.71	243.78	244.82	244.21	246.51(1.41%)	UT	HoldLong	65	0.2	36	-0	1	141	0.92	63%	0.33	82	2.72%	0.5	1.3	83	1.6
4	Oct_14_2020	206.86	222.23	235.05	242	243.04	245.51	243.08(-1.6%)	UD	OpenLong	75	0.1	60	80	27	159	0.92	64%	0.29	77.6	2.72%	-0.9	1.3	86	2
5	Oct_13_2020	206.26	219.75	232.23	240.7	241.11	245.43	247.04(0.49%)	UT	HoldLong	65	0.4	147	130	128	203	1.29	58%	0.2	73.6	2.73%	1.2	1.7	85	2.1

6	Oct_12_2020	205.85	217.05	228.87	237.77	238.37	240.58	245.84(3.98%)	UT	HoldLong	65	0.5	124	70	107	174	1.62	58%	0.27	71.1	2.94%	1.4	1.8	78	2.7
7	Oct_9_2020	205.3	214.43	225.56	234.09	235.21	236.79	236.44(-0.5%)	UD	OpenLong	75	0.2	73	60	50	143	1.13	56%	0.24	65.9	2.91%	0.2	1.5	77	2.6
8	Oct_8_2020	204.81	212.26	223.5	230.63	232.36	236.17	237.62(0.46%)	UT	HoldLong	65	0.5	120	140	104	166	1.59	59%	0.25	57.3	2.92%	0.9	1.8	82	1.7
9	Oct_7_2020	204.3	210.21	220.2	226.96	227.61	233.62	236.54(1.77%)	UT	HoldLong	65	0.7	149	190	142	170	1.82	59%	0.28	43	3%	1	2.1	83	1
10	Oct_6_2020	203.73	208.3	217.24	222.43	223.26	228.55	232.42(2.19%)	UT	HoldLong	65	0.9	173	180	173	174	2.06	59%	0.27	27.1	3%	1.1	2.1	83	0.3

11	Oct_5_2020	203.19	206.44	215.03	218.66	218.7	221.59	227.43(3.77%)	UT	HoldLong	65	0.9	110	90	99	144	1.51	59%	0.23	12.1	2.99%	2	2.1	81	0.6
12	Oct_2_2020	202.72	205.14	212.86	215.85	215.77	217.97	219.16(-0.05%)	UD	OpenLong	75	0.4	67	70	49	122	1.19	57%	0.21	3	2.98%	0.9	1.6	76	0.4
13	Oct_1_2020	202.29	204.52	210.77	215.28	214.64	215.82	219.27(2.52%)	UT	HoldLong	65	0.5	74	30	56	129	0.92	60%	0.21	-4.2	2.98%	1.5	1.8	77	0.8
14	Sep_30_2020	201.86	204.85	208.4	212.36	213.75	213.56	213.89(0.16%)	UT	OpenLong	75	0.2	47	10	29	99	0.76	60%	0.2	-9.1	3.04%	-0.3	0.9	66	0.8
15	Sep_29_2020	201.45	205.23	206.4	211.15	211.34	213.45	213.55(0.08%)	UT	OpenLong	75	0.2	23	70	4	79	0.64	60%	0.2	-5.3	3.04%	-0.2	0.8	62	0.9

16	Sep_28_2020	201.05	205.22	204.44	210.78	210.21	213.95	213.37(-1.37%)	UD	OpenLong	75	0.2	96	120	91	110	0.92	60%	0.22	-2.2	3.05%	0.6	0.8	65	0.7
17	Sep_25_2020	200.61	204.87	202.55	209.39	209.3	209.22	216.34(5.72%)	UT	OpenLong	75	0.7	87	-0	85	94	1.68	62%	0.23	-6.1	3.04%	1.6	1.1	59	0.6
18	Sep_24_2020	200.14	204.86	200.19	205.62	206.54	206.47	204.64(-1.54%)	N/A	N/A	0	-0.1	-15	10	-25	16	0.78	59%	0.21	-12.7	3.01%	-1.2	-0	44	0.3
19	Sep_23_2020	199.72	205.74	199.52	203.73	204.85	209.37	207.84(-1.82%)	UD	OpenLong	75	0.4	79	170	97	26	0.89	59%	0.25	-9.1	3%	0.1	0.2	32	0.1
20	Sep_22_2020	199.22	205.79	198.66	200.79	200.71	206.61	211.69(2.54%)	UT	OpenLong	75	1	121	200	157	12	1.33	59%	0.29	-15	3%	1.6	0.5	39	0.7

21	Sep_21_2020	198.64	205.43	197.05	197.17	196.73	200.33	206.45(4.53%)	N/A	N/A	0	0.8	83	120	123	-38	1.22	59%	0.3	-21.8	2.99%	1.7	0.1	44	0.8
22	Sep_18_2020	198.05	205.51	196.59	194.83	194.44	194.82	197.5(1.2%)	N/A	N/A	0	0.2	5	10	37	-92	1.96	57%	0.24	-24.2	2.94%	1.1	-0.7	45	1.1
23	Sep_17_2020	197.58	206.2	197.59	194.05	193.89	193.13	195.15(1.04%)	DP	OpenShort	-75	0.1	-51	-30	-24	-131	1.64	59%	0.23	-23.2	2.94%	0.3	-1	37	1.1
24	Sep_16_2020	197.12	206.77	200.85	194.69	194.53	194.05	193.15(-0.24%)	DT	OpenShort	-75	-0.1	-55	-20	-32	-125	1.27	59%	0.24	-20.1	2.96%	-0.8	-1.3	33	0.7
25	Sep_15_2020	196.65	207.49	203.86	196.14	196.13	194.66	193.62(-0.56%)	DT	OpenShort	-75	-0.2	-42	-50	-22	-103	1.05	61%		-13.3	2.96%	-0.9	-1.3	44	0.6
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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