Technical Analysis for ODP - Office Depot, Inc.

Grade Last Price % Change Price Change
B 46.2 8.78% 3.73
ODP closed up 8.78 percent on Wednesday, May 5, 2021, on 2.12 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical ODP trend table...

Date Alert Name Type % Chg
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Earnings Movers Other 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
20 DMA Support Bullish 8.78%
Crossed Above 20 DMA Bullish 7.79%
Older End-of-Day Signals for ODP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 12 hours ago
New 52 Week High about 14 hours ago
3x Volume Pace about 14 hours ago
2x Volume Pace about 14 hours ago
1.5x Volume Pace about 14 hours ago
View Earlier Intraday Alerts

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Office Depot, Inc. Description

Office Depot, Inc., together with its subsidiaries, supplies office products and services. Its North American Retail division sells an assortment of merchandise, such as general office supplies, computer supplies, business machines and related supplies, and office furniture under various labels, including Office Depot, Viking Office Products, Foray, and Ativa through its chain of office supply stores. This division also provides printing, reproduction, mailing, shipping, and other services, as well as personal computer support and network installation service. The company's North American Business Solutions division sells branded office supplies, technology products, cleaning and breakroom supplies, furniture, services, and other solutions to small-to medium-sized customers through a dedicated sales force, catalogs, and Internet. Its International division sells office products and services through direct mail catalogs, contract sales forces, Internet sites, and retail stores using a mix of company-owned operations, joint ventures, licensing and franchise agreements, alliances, and other arrangements. This division participates under licensing and merchandise arrangements in South Korea, Israel, Japan, and the Middle East, as well as the Dominican Republic. As of February 20, 2013, the company operated 1,629 office supply stores worldwide. Office Depot, Inc. was founded in 1986 and is headquartered in Boca Raton, Florida.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Stores Printing Technology Products Microeconomics Joint Ventures Business Solutions Office Products Office Supplies Reproduction Computer Supplies Essendant

Is ODP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 48.595
52 Week Low 17.86
Average Volume 450,581
200-Day Moving Average 31.26
50-Day Moving Average 40.36
20-Day Moving Average 41.44
10-Day Moving Average 41.41
Average True Range 2.24
ADX 15.63
+DI 32.93
-DI 12.45
Chandelier Exit (Long, 3 ATRs ) 41.87
Chandelier Exit (Short, 3 ATRs ) 44.58
Upper Bollinger Band 45.00
Lower Bollinger Band 37.88
Percent B (%b) 1.17
BandWidth 17.17
MACD Line 0.56
MACD Signal Line 0.13
MACD Histogram 0.4353
Fundamentals Value
Market Cap 2.43 Billion
Num Shares 52.7 Million
EPS 2.50
Price-to-Earnings (P/E) Ratio 18.45
Price-to-Sales 0.16
Price-to-Book 0.86
PEG Ratio 4.52
Dividend 0.10
Dividend Yield 0.22%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.58
Resistance 3 (R3) 51.78 50.19 50.68
Resistance 2 (R2) 50.19 48.82 50.09 50.38
Resistance 1 (R1) 48.19 47.97 49.19 47.99 50.08
Pivot Point 46.60 46.60 47.10 46.50 46.60
Support 1 (S1) 44.61 45.23 45.61 44.41 42.32
Support 2 (S2) 43.02 44.39 42.92 42.02
Support 3 (S3) 41.02 43.02 41.72
Support 4 (S4) 40.82