Technical Analysis for ODP - Office Depot, Inc.

Grade Last Price % Change Price Change
F 25.86 0.19% 0.05
ODP closed up 0.19 percent on Wednesday, November 20, 2024, on 81 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Boomer Sell Setup Bearish Swing Setup 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
1,2,3 Retracement Bearish Bearish Swing Setup 0.19%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.19%
NR7 Range Contraction 0.19%

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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 Store Printing Microeconomics Technology Products Business Solutions Office Supplies Office Products 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 58.98
52 Week Low 23.6906
Average Volume 557,870
200-Day Moving Average 39.56
50-Day Moving Average 29.33
20-Day Moving Average 28.48
10-Day Moving Average 26.10
Average True Range 1.05
RSI (14) 33.77
ADX 31.21
+DI 13.91
-DI 34.63
Chandelier Exit (Long, 3 ATRs) 29.06
Chandelier Exit (Short, 3 ATRs) 27.83
Upper Bollinger Bands 33.71
Lower Bollinger Band 23.25
Percent B (%b) 0.25
BandWidth 36.72
MACD Line -1.33
MACD Signal Line -1.02
MACD Histogram -0.3085
Fundamentals Value
Market Cap 966.6 Million
Num Shares 37.4 Million
EPS 5.15
Price-to-Earnings (P/E) Ratio 5.02
Price-to-Sales 0.25
Price-to-Book 1.74
PEG Ratio 0.72
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.42
Resistance 3 (R3) 26.39 26.18 26.32
Resistance 2 (R2) 26.18 26.04 26.19 26.29
Resistance 1 (R1) 26.02 25.95 26.10 26.05 26.26
Pivot Point 25.81 25.81 25.85 25.82 25.81
Support 1 (S1) 25.65 25.67 25.73 25.68 25.46
Support 2 (S2) 25.44 25.58 25.45 25.43
Support 3 (S3) 25.28 25.44 25.40
Support 4 (S4) 25.31