Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(OrientalVen) Oriental Ven complete technical analysis [charts+indicators] | Buy/Sell Oriental Ven | (OrientalVen) share price targets

Complete technical analysis of Oriental Ven (OrientalVen) by charts plus indicators, forecast predictions and share price targets for Oriental Ven (OrientalVen)

10 day averaged volume of Oriental Ven is 24372

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Jun 2023	39.22	39.99	40.99	38.56	0.281 times
01 Thu Jun 2023	39.21	40.20	40.20	37.08	0.898 times
31 Wed May 2023	39.16	41.40	41.40	39.05	1.035 times
30 Tue May 2023	40.28	40.20	41.50	39.20	0.244 times
29 Mon May 2023	40.17	41.19	44.89	40.00	1.078 times
26 Fri May 2023	41.19	43.50	43.50	38.75	0.981 times
25 Thu May 2023	41.88	42.39	42.50	39.50	0.531 times
24 Wed May 2023	41.36	42.70	42.70	40.21	0.747 times
23 Tue May 2023	42.15	42.90	43.95	40.13	0.989 times
22 Mon May 2023	42.04	45.40	45.40	40.50	1.702 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.3, but if it comes above 39.3, then a intra day buy could be more profitable.
If you take a sell trade below 39.3, then use 39.3 as stoploss and 37.7 as target. However if you take a buy trade in stock , then use 39.3 as stoploss and 40.62 as target.

Share price targets for Oriental Ven (OrientalVen)

Target Type	Value
Downside Target	33.50
Downside Target	35.40
Downside Target	37.08
Downside Target	38.75
Upside Target	40.99
Upside Target	42.00
Upside Target	44.89
Upside Target	45.40
Upside Target	50.50
Upside Target	56.65
Upside Target	58.99
Upside Target	62.85

Intraday share price targets for Oriental Ven (OrientalVen)

Target Type	Value
Downside Intraday Target	35.9
Downside Intraday Target	32.59
Upside Intraday Target	43.71
Upside Intraday Target	48.21
Upside Intraday Target	40.4

Weekly technical analysis of Oriental Ven (OrientalVen)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Jun 2023	39.22	41.19	44.89	37.08	0.714 times
26 Fri May 2023	41.19	45.40	45.40	38.75	0.826 times
19 Fri May 2023	42.00	41.50	42.00	37.51	0.289 times
12 Fri May 2023	40.81	39.39	45.30	39.39	0.945 times
05 Fri May 2023	37.52	36.90	37.52	33.50	1.783 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Oriental Ven (OrientalVen)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Jun 2023	39.22	40.20	40.99	37.08	0.021 times
31 Wed May 2023	39.16	36.90	45.40	33.50	1.629 times
28 Fri Apr 2023	35.86	40.00	56.65	35.60	1.084 times
31 Fri Mar 2023	39.22	53.65	58.99	35.40	1.487 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Oriental Ven (OrientalVen)

Price action analysis of Oriental Ven ( (OrientalVen) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Oriental Ven ( (OrientalVen) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Oriental Ven ( (OrientalVen) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Oriental Ven stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oriental Ven in short term and the sell signal is strong.

Oriental Ven Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Oriental Ven in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Oriental Ven is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.85 and Oriental Ven (OrientalVen) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Oriental Ven (OrientalVen) stock. Volume based technical analysis of Oriental Ven (OrientalVen) stock is negative.

Oriental Ven Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.