Trading Signals: OKTA Stock Price Prediction and Forecast

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Wed. Mar. 7, 2018

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

(Okta, Inc.)
OKTA latest price $39.1400 (2.41%) ($37.0200 - $39.6100) on Wed. Mar. 7, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.66% (three month average)
RSI   71
Latest Price   $39.1400(2.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OKTA advances 0.3% a day on average for past five trading days.
Weekly Trend   OKTA advances 4.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support OKTA advance at 0% a week (0% probability)
SKYY(64%)    IBUY(59%)    ARKK(56%)    QQQ(56%)    IWF(55%)
Factors Impacting OKTA price   OKTA will decline at least -1.33% in a week (0% probabilities).
VIXM(-11%)    UUP(-8%)    TBT(-7%)    UNG(-2%)    GDXJ(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.33% (StdDev 2.66%)
Hourly BBV 0 ()
Intraday Trend 4.3%

5 Day Moving Average   $38.02(2.95%)
10 Day Moving Average   $37.69(3.85%)
20 Day Moving Average   $35.13(11.41%)
To recent high   0%
To recent low   55.1%
Market Cap   $5.013b

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 9.59% (three month std-dev: 2.66%) 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

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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	Mar_7_2018	29.52	35.13	37.69	38.02			39.14(2.41%)	UT	OpenLong	75	0.3	27	-10000	2	103	2.29	62%	0.44	69.6	2.66%	0	1.2	71	0.7
2	Mar_6_2018	29.39	34.63	37.31	37.91			38.22(-1.6%)	UD	OpenLong	75	0.1	33	-10000	2	125	1.8	62%	0.41	66	2.66%	0	1	76	0.4
3	Mar_5_2018	29.27	34.15	37.08	37.81			38.84(3.63%)	UT	HoldLong	65	0.3	44	-10000	5	160	1.73	62%	0.38	61.3	2.65%	0	1.3	80	0.4
4	Mar_2_2018	29.16	33.67	36.67	37.58			37.48(2.97%)	UT	HoldLong	65	-0	52	-10000	4	197	1.57	60%	0.34	58.5	2.61%	0	1.1	82	-0.1
5	Mar_1_2018	29.06	33.28	36.28	37.38			36.4(-5.68%)	UD	OpenLong	75	-0.3	58	-10000	2	227	3.06	58%	0.28	57.1	2.61%	0	0.9	82	-0.7

6	Feb_28_2018	28.98	32.94	36.05	37.27			38.59(2.25%)	UT	HoldLong	65	0.4	78	-10000	14	268	1.2	58%	0.35	55	2.59%	0	1.6	84	-0.4
7	Feb_27_2018	28.88	32.48	35.36	36.62			37.74(0.11%)	UT	HoldLong	65	0.3	73	-10000	8	269	1.21	58%	0.35	52.2	2.58%	0	1.6	85	-0.2
8	Feb_26_2018	28.78	32.09	34.67	36.24			37.7(3.32%)	UT	HoldLong	65	0.5	80	-10000	13	281	2.02	58%	0.38	53.9	2.59%	0	1.8	85	0.2
9	Feb_23_2018	28.67	31.73	33.8	35.65			36.49(1.87%)	UT	HoldLong	65	0.3	76	-10000	14	263	2.24	59%	0.31	57.2	2.61%	0	1.7	77	-0.1
10	Feb_22_2018	28.58	31.4	33.03	35.02			35.82(1.39%)	UT	OpenLong	75	0.3	64	-10000	8	233	1.96	59%	0.32	62.4	2.62%	0	1.8	72	-0.5

11	Feb_21_2018	28.49	31.13	32.38	34.64			35.33(-1.42%)	UD	OpenLong	75	0.3	70	-10000	17	228	1.14	59%	0.25	73.1	2.62%	0	1.9	73	-0.6
12	Feb_20_2018	28.42	30.86	31.73	33.89			35.84(3.14%)	UT	OpenLong	75	1	68	-10000	24	198	1.82	59%	0.32	80.3	2.62%	0	2.4	72	-0.6
13	Feb_16_2018	28.33	30.53	30.98	32.85			34.75(4.17%)	UT	OpenLong	75	1.1	59	-10000	29	147	1.3	59%	0.21	88.2	2.58%	0	2.5	66	-0.5
14	Feb_15_2018	28.27	30.24	30.4	31.67			33.36(-1.65%)	UD	OpenLong	75	1.1	39	-10000	24	83	1.72	57%	0.14	83	2.57%	0	2	58	-0.4
15	Feb_14_2018	28.23	29.92	30.02	30.71			33.92(7.44%)	UT	OpenLong	75	2.1	27	-10000	24	37	2.37	57%	0.21	68.1	2.57%	0	2.7	63	-0.5

16	Feb_13_2018	28.17	29.55	29.53	29.81			31.57(3.07%)	N/A	N/A	0	1.3	8	-10000	16	-17	1.2	51%	0.11	57.8	2.41%	0	1.5	52	-1.2
17	Feb_12_2018	28.14	29.3	29.32	29.26			30.63(6.1%)	DP	OpenShort	-65	1.1	-3	-10000	12	-49	1.34	49%	0.04	48.6	2.38%	0	1	50	-1.4
18	Feb_9_2018	28.13	29.12	29.27	28.84			28.87(1.09%)	DP	OpenShort	-75	0	-21	-10000	-3	-75	1.51	43%	0	40	2.25%	0	-0.2	45	-1.7
19	Feb_8_2018	28.13	29.02	29.47	28.93			28.56(-2.86%)	DT	OpenShort	-75	-0.3	-21	-10000	-8	-60	1.06	43%	-0.04	39.2	2.25%	0	-0.3	48	-2.5
20	Feb_7_2018	28.14	28.93	29.67	29.19			29.4(1.94%)	DP	OpenShort	-75	0.1	-4	-10000	-0	-17	0.7	45%	0	42	2.23%	0	0.3	68	-1.8

21	Feb_6_2018	28.14	28.79	29.8	29.2			28.84(1.09%)	N/A	N/A	0	-0.2	-1	-10000	-6	13	0.93	45%	0	40.5	2.23%	0	0	67	-2
22	Feb_5_2018	28.14	28.68	29.96	29.39			28.53(-2.63%)	UD	OpenLong	65	-0.5	6	-10000	-11	55	0.96	45%	0	44.5	2.23%	0	-0.1	68	-2.9
23	Feb_2_2018	28.14	28.59	30.11	29.76			29.3(-1.88%)	UD	OpenLong	65	-0.3	18	-10000	-10	102	1.07	48%	0	52.1	2.21%	0	0.4	67	-2.2
24	Feb_1_2018	28.14	28.46	30.12	30.1			29.86(1.39%)	UD	OpenLong	65	-0.1	34	-10000	-4	149	0.6	48%	0	58.7	2.21%	0	0.8	72	-0.5
25	Jan_31_2018	28.14	28.3	29.87	30.23			29.45(-1.17%)	UD	OpenLong	65	-0.4	35	-10000	-8	165	0.74	53%		62.3	2.2%	0	0.6	72	-1.6
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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