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Okta, Inc.

OKTA Technical Analysis Summary (NASDAQ)

Analyze OKTA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OKTANASDAQ
TechnologySoftware - Infrastructure
$130.61
$0.36(0.27%)
U.S. Market opens in 12h 50m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OKTA Technical Analysis Summary (NASDAQ)

Okta, Inc. (NASDAQ: OKTA) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.21)
Trend Strength:Weak (ADX: 19.25)
Volatility:High (ATR: 6.71)
Support/Resistance:$129.71 – $156.00 (Bollinger Bands)

Technical conditions suggest Okta, Inc. on the NASDAQ is awaiting a decisive move. Overall, Okta, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.21

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.45

Bullish
Oversold zone signals rebound potential.

Williams %R: -96.40

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.49

Strongly Bearish
Sharp downside momentum.

Takeaway:Okta, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.28

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.25

Weak
Weak trend, market trading sideways.

ATR (14): 6.71

High
High volatility, wide price fluctuations.

CCI (14): -136.90

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Okta, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$156.00
Middle Band (SMA 20)
$142.85
Lower Band
$129.71
Current Position
Within Bands

Takeaway:Okta, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$153.86
Middle Line (EMA 20)
$140.45
Lower Channel
$127.03
Squeeze Status
Squeeze On

Takeaway:Okta, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume18.67M
Money Flow Index20.85Bearish, selling pressure outweighs inflows.
Relative Vigor Index29.79Bearish, price momentum favors sellers.

Overall Takeaway:OKTA shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Okta, Inc. (NASDAQ: OKTA), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Okta, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: OKTA) Technical Analysis FAQ