(Oriental) Oriental complete technical analysis [charts+indicators] | Buy/Sell Oriental | (Oriental) share price targets
Complete technical analysis of Oriental (Oriental) by charts plus indicators, forecast predictions and share price targets for Oriental (Oriental)
Showing technical analysis as on 2022-11-17 View latest technical analysis
10 day averaged volume of Oriental is 13038
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Thu Nov 2022||8.73||8.91||8.91||8.61||0.427 times|
|16 Wed Nov 2022||8.89||8.76||8.96||8.76||1.158 times|
|15 Tue Nov 2022||8.79||9.12||9.12||8.76||1.084 times|
|14 Mon Nov 2022||8.99||9.74||9.74||8.73||0.614 times|
|11 Fri Nov 2022||9.01||8.70||9.16||8.66||0.361 times|
|10 Thu Nov 2022||8.95||9.21||9.21||8.80||0.954 times|
|09 Wed Nov 2022||8.91||8.90||9.36||8.90||0.525 times|
|07 Mon Nov 2022||9.10||8.52||9.20||8.52||1.542 times|
|04 Fri Nov 2022||9.02||9.25||9.25||9.00||0.85 times|
|03 Thu Nov 2022||8.91||9.06||9.20||8.90||0.927 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.6 as stoploss in an intra day buy trade for a target of 8.87. However, stock will show a bearish move below 8.6.
Share price targets for Oriental (Oriental)
Intraday share price targets for Oriental (Oriental)
|Downside Intraday Target||8.31|
|Downside Intraday Target||7.9|
|Upside Intraday Target||9.44|
|Upside Intraday Target||10.16|
|Upside Intraday Target||9.03|
Weekly technical analysis of Oriental (Oriental)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Thu Nov 2022||8.73||9.74||9.74||8.61||0.971 times|
|11 Fri Nov 2022||9.01||8.52||9.36||8.52||0.17 times|
|04 Fri Nov 2022||9.02||8.64||9.75||8.29||3.883 times|
|28 Fri Oct 2022||8.05||8.40||9.38||7.81||0.895 times|
|21 Fri Oct 2022||8.56||9.00||9.49||8.25||1.317 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 (Oriental)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Thu Nov 2022||8.73||9.73||9.75||8.42||0.562 times|
|31 Mon Oct 2022||9.66||10.77||11.50||7.81||0.556 times|
|30 Fri Sep 2022||10.95||16.00||16.80||10.35||0.929 times|
|30 Tue Aug 2022||16.25||13.29||17.40||13.29||2.828 times|
Scroll below to view daily charts
Price has moved down 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 (Oriental)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 22, 8||Sell|
Price action analysis of Oriental ( (Oriental) ) 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 ( (Oriental) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Oriental ( (Oriental) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Oriental ( (Oriental) ) 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 stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Oriental in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Oriental 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 coming down
CCI has generated a SELL signal for Oriental in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Oriental is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.94 and Oriental (Oriental) 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 (Oriental) stock. Volume based technical analysis of Oriental (Oriental) stock is negative.
Oriental 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.
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