May 24, 2026 at 12:45 AM
•
$92.24
(+3.14%)
The stock of Okta Inc (OKTA) climbed 3.14% to close at $92.24 on May 24.
From a technical standpoint, the outlook appears bullish:
Momentum
RSI at 70.5 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (3.55 vs signal 2.30).
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($86.30) supports, 21-day ($82.32) below.
Volatility
Price is extended above the upper Bollinger Band ($91.39), suggesting possible mean reversion.
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Key levels to watch: Support at $70.74, Resistance at $91.39.