Okta, Inc. (NASDAQ:OKTA) is still -8.72% behind the $61 high touched on 2018-07-06. Even though its shares witnessed a 146.42% increase from the 52-week low price of $22.77 they recorded on 2017-11-08, the price recently went down by -$0.6 now trading at $56.11. The last few days have been good for the stock, as its price has grew by 6.01% during the week. It has also performed better over the past three months, as it added around 11.11% while it has so far climbed around 144.38% during the course of a year. The stock of OKTA recorded 119.09% uptrend from the beginning of this year till date. The 12-month potential price target for Okta, Inc. is set at $61.1. This target means that the stock has an upside potential to increase by 8.89% from the current trading price.
When giving their opinion, around 84.62% of Wall Street analysts, which represents 11 out of 13 rated the stock as a Buy. 2 brokerage firms of the remaining 15.38 rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate OKTA shares held by institutional investors represents 68.6 of total shares. 99 institutions entered new Okta, Inc. (NASDAQ:OKTA) positions, 186 added to their existing positions in these shares, 77 lowered their positions, and 32 exited their positions entirely.
Okta, Inc. (OKTA) trade volume has decreased by -50.23% as around 1,280,036 shares were sold when compared with its 50-day average volume of traded shares which is 2,572,008. At the moment, OKTA is witnessing a uptrend, as it is trading 2.38% above its 20-day SMA, 5.01% above its 50-day SMA, and 41.89% above its 200-day SMA. The company runs an ROE of roughly -58.8%, with financial analysts predicting that their earnings per share growth will be around 20% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.
The first technical resistance point for Okta, Inc. (NASDAQ:OKTA) will likely come at $57.31, marking a 2.09% premium to the current level. The second resistance point is at $58.52, about 4.12% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $54.8, the lower end of the range. OKTA’s 14-day MACD is 1.45 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 55.58, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 56.73 percent, which is high when compared to that of the 50-day’s 49.49 percent.
The shares of Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) has decreased by -2.32%, and now trading at $46.8 on the Wall Street in the intra-day deal, with their shares traded now around 1,244,068. This is a rise of 425,644 shares over the average 818,424 shares that were traded daily over the last three months. The stock that is trading at $46.8 went higher by 20.06% from its 52-week low of $38.98 that it attained back on 2017-11-08. The stock recorded a 52-week high of $64.2 nearly -110 days ago on 2018-12-01..
SQM stock hasn’t performed well over the past 30 days, as it lost -3.88% while its price plunged by -20.65% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -4.2% over the last week. The stock’s 12-month potential target price is now at $58.91. This means that the stock price might likely increase by 25.88% from its current trading price.6 out of 11 Wall Street analysts which represents 54.55% rated the stock as a buy while the remaining 45.45 rated it as a hold, with 0 of analysts rating it as a sell.
Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) has been utilizing an ROE that is roughly 20%, with stock analysts predicting that the company’s EPS for the next five years will go up by 21.07% per year, following the -8% drop that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -1.49% below its 20-day SMA, -3.92% below its 50-day SMA, and -11.8% below its 200-day SMA. In percentage terms, the aggregate Sociedad Quimica y Minera de Chile S.A. shares held by institutional investors is 24.1 %. 37 institutions jumped in to acquire Sociedad Quimica y Minera de Chile S.A. (SQM) fresh stake, 104 added to their current holdings in these shares, 112 lowered their positions, and 38 left no stake in the company.
The stock’s 9-day MACD is -0.15 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 43.38, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 29.72 percent, which is more when compared to that of the 50-day’s 25.64 percent. On the daily chart, we see that the stock could reach the first level of resistance at $47.43, sporting a 1.33% premium to the current level. The next resistance point is at $48.05, representing nearly 2.6% premium to the current market price of Sociedad Quimica y Minera de Chile S.A. (SQM). On the other hand, failure to breach the immediate hurdles can drag it down to $45.69, the lower end of the range.