Okta Stock Price Prediction: Assessing OKTA’s Potential in 2023

Okta Stock Price Prediction: Assessing OKTA’s Potential in 2023

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Okta stock price was $72.37 (press time) with a drop of 0.15% in the last 24 hours.
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Oktan stock shows a state of confusion right now; it is trading in a tight range.
Okta (NYSE: OKTA) stock is inside the triangle-type channel which indicates uncertainty. Recently, the stock has shown its intent to flip the ongoing trend and break the crucial level of $86 above the 200-day SMA. This downfall shows that bears are in control.
At press time, OKTA stock price was $72.37 with almost no intraday change. It broke below the 200-day EMA, showing bearishness on the charts.
Moreover, the intraday trading volume last 24 hours is 1.424 Million less than the average 10 days volume of 1.544 Million. The market cap of OKTA stock is 11.75 Billion.
However, OKTA stock has stayed in a downtrend over the past weeks, facing rejection from the upper trendline, which acted as a barrier to an exit from the trend. Moreover, the price action shows that Okta stock has persisted

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We współpracy z: https://www.thecoinrepublic.com/2023/08/17/okta-stock-price-prediction-assessing-oktas-potential-in-2023/

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