Office Depot technical analysis charts

1. October 21, 2015
ODP: Office Depot technical analysis
charts
On Tuesday, compared to Monday, price action opened higher (7.17, vs Monday’s
close of 7.14), saw a higher high (7.31, vs Monday’s high of 7.20) and higher low
(7.07, vs Monday’s low of 7.05); and closed lower (7.13, vs Monday’s close of
7.14). The day’s range was 24 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the top of the 20 day moving average envelope (6.77). The parameters of
the envelope (6.57-6.98) are pointing higher.
The RSI (53.67) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.

2. October 21, 2015
The MACD 12 day moving average is above the MACD 26 day moving average;
both are above zero.
The Slow Stochastics, below, are in positive mode, with the K line above the D
line.
The Commodity Channel Index (100.07), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Tuesday represents the 4th
consecutive entire day above the middle of the Bollinger Band envelope (6.77), in
negative mode towards the middle of the envelope The Bollinger Bands (6.16-
7.39) are diverging; and widened from a width of 122 ticks on Monday to a width
of 123 ticks on Tuesday.

3. October 21, 2015
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (7.13, moving up) is above the 20 day moving average (6.77, moving up),
in positive mode. The 3-50 day strip of moving averages ranges from the 20 day
moving average (6.77) at the bottom of the range to the 50 day moving average
(7.23) at the top of the range.
The Parabolic Stop and Reverse (6.50) below is in the 10th day of buy mode.

4. October 21, 2015
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 3rd
consecutive close below the middle of the Bollinger Bands envelope (7.80). The
Bollinger Bands (6.21-9.38) are pointing lower; contracting from a width of 336
ticks on Monday to a width of 317 ticks on Tuesday.