Technical Analysis for ODP - Office Depot, Inc.

Grade Last Price % Change Price Change
C 51.74 1.63% 0.83
ODP closed up 1.63 percent on Friday, May 3, 2024, on 66 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: May 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Gapped Up Strength 0.00%
20 DMA Support Bullish 1.63%
Bollinger Band Squeeze Range Contraction 1.63%
50 DMA Resistance Bearish 1.75%
20 DMA Support Bullish 1.75%
Bollinger Band Squeeze Range Contraction 1.75%
Fell Below 50 DMA Bearish 1.63%
20 DMA Support Bullish 1.63%

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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 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 58.98
52 Week Low 39.36
Average Volume 377,912
200-Day Moving Average 49.58
50-Day Moving Average 51.60
20-Day Moving Average 50.87
10-Day Moving Average 51.25
Average True Range 1.18
RSI (14) 53.92
ADX 11.14
+DI 21.19
-DI 14.54
Chandelier Exit (Long, 3 ATRs) 49.16
Chandelier Exit (Short, 3 ATRs) 52.71
Upper Bollinger Bands 52.26
Lower Bollinger Band 49.48
Percent B (%b) 0.81
BandWidth 5.45
MACD Line -0.04
MACD Signal Line -0.16
MACD Histogram 0.117
Fundamentals Value
Market Cap 1.93 Billion
Num Shares 37.4 Million
EPS 5.15
Price-to-Earnings (P/E) Ratio 10.05
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) 52.99
Resistance 3 (R3) 52.88 52.36 52.78
Resistance 2 (R2) 52.36 52.04 52.41 52.71
Resistance 1 (R1) 52.05 51.85 52.21 52.16 52.64
Pivot Point 51.53 51.53 51.61 51.58 51.53
Support 1 (S1) 51.22 51.21 51.38 51.33 50.84
Support 2 (S2) 50.70 51.02 50.75 50.77
Support 3 (S3) 50.39 50.70 50.70
Support 4 (S4) 50.50