Market update
What happened
Okta Inc (OKTA) gained 2.6% in the week ended Sept. 4, closing at $170.60. The move put its four-week return at 15.0% within the Technology sectorโs software-infrastructure group.
In the weekly price path over 52 weeks, the trend state remained active, Market Dynamics provided confirmation, and Relative Strength stood at 55.2. Volume evidence was mixed, with the active-mover screen at 0.6x while latest weekly turnover reached 18.4 million shares versus a 16.2 million 13-week average.