Technical Analysis for ODP - Office Depot, Inc.

Grade Last Price % Change Price Change
C 38.5 -4.21% -1.69
ODP closed down 4.21 percent on Thursday, March 4, 2021, on 79 percent of normal volume. It ran into resistance at its 50 day moving average. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical ODP trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Resistance Bearish -4.21%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.21%
Lower Bollinger Band Walk Weakness -4.21%
Multiple of Ten Bullish Other -4.21%
Older End-of-Day Signals for ODP ...

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

Alert Time
10 DMA Resistance about 18 hours ago
Lower Bollinger Band Support about 18 hours ago
Outside Day about 19 hours ago
Non-ADX 1,2,3,4 Bearish Retracement Entry about 19 hours ago
Fell Below Previous Day's Low about 19 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 Business Solutions Joint Ventures 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 48.24
52 Week Low 13.6
Average Volume 638,737
200-Day Moving Average 27.66
50-Day Moving Average 40.77
20-Day Moving Average 43.34
10-Day Moving Average 41.38
Average True Range 2.55
ADX 27.86
+DI 13.79
-DI 22.68
Chandelier Exit (Long, 3 ATRs ) 40.60
Chandelier Exit (Short, 3 ATRs ) 45.86
Upper Bollinger Band 49.15
Lower Bollinger Band 37.54
Percent B (%b) 0.08
BandWidth 26.80
MACD Line -0.74
MACD Signal Line 0.16
MACD Histogram -0.9044
Fundamentals Value
Market Cap 2.03 Billion
Num Shares 52.7 Million
EPS 2.50
Price-to-Earnings (P/E) Ratio 15.38
Price-to-Sales 0.16
Price-to-Book 0.86
PEG Ratio 4.52
Dividend 0.10
Dividend Yield 0.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.22
Resistance 3 (R3) 43.66 42.51 42.44
Resistance 2 (R2) 42.51 41.31 42.30 42.17
Resistance 1 (R1) 40.51 40.57 39.93 40.07 41.91
Pivot Point 39.36 39.36 39.08 39.15 39.36
Support 1 (S1) 37.36 38.16 36.79 36.93 35.09
Support 2 (S2) 36.21 37.42 36.00 34.83
Support 3 (S3) 34.21 36.21 34.56
Support 4 (S4) 33.78