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

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

10 day averaged volume of Ortel is 5231

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 1.01 1.01 1.01 1.01 0.004 times
02 Fri Dec 2022 1.01 1.01 1.01 0.99 2.798 times
01 Thu Dec 2022 0.97 0.89 0.97 0.89 0.91 times
30 Wed Nov 2022 0.93 0.92 0.95 0.92 3.218 times
29 Tue Nov 2022 0.91 0.91 0.91 0.90 0.326 times
28 Mon Nov 2022 0.87 0.87 0.87 0.87 0.005 times
25 Fri Nov 2022 0.91 0.91 0.91 0.91 1.548 times
24 Thu Nov 2022 0.95 0.95 0.95 0.95 0.985 times
23 Wed Nov 2022 1.00 1.00 1.00 1.00 0.096 times
22 Tue Nov 2022 1.00 0.92 1.00 0.92 0.005 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.9 or till 0.8. Use a stoploss of 1.02 and if the stock hits stoploss, then it can shoot up till 1.13

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 0.87
Downside Target 0.89
Downside Target 0.91
Downside Target 0.93
Downside Target 0.95
Downside Target 1.00
Upside Target 1.08
Upside Target 1.12
Upside Target 1.17
Upside Target 1.23
Upside Target 1.29
Upside Target 1.32
Upside Target 1.35
Upside Target 1.40

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.01
Downside Intraday Target 1.01
Downside Intraday Target 1.01
Downside Intraday Target 1.01
Downside Intraday Target 1.01

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 1.01 1.01 1.01 1.01 0.001 times
02 Fri Dec 2022 1.01 0.87 1.01 0.87 2.644 times
25 Fri Nov 2022 0.91 0.98 1.00 0.91 0.199 times
18 Fri Nov 2022 0.94 1.07 1.12 0.93 19.456 times
11 Fri Nov 2022 1.12 1.23 1.23 1.12 0.267 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 Ortel (Ortel)

Date Monthly Closing Price Open High Low Volume
05 Mon Dec 2022 1.01 0.89 1.01 0.89 0.162 times
30 Wed Nov 2022 0.93 1.29 1.29 0.87 1.157 times
27 Thu Oct 2022 1.23 1.17 1.35 1.17 0.107 times
30 Fri Sep 2022 1.21 1.18 1.32 0.95 6.21 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 Ortel (Ortel)

Indicator Name Indicator Value Indicator Signal
ADX 83, 83, 0 Sell
MACD -0, -0Buy
Stochastics 92Buy
CCI 107Buy
RSI 46Sell
OBV -7204Sell
VWAP 1Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ortel ( (Ortel) ) 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 Ortel ( (Ortel) ) 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 Ortel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ortel 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.

Ortel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Ortel in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 Ortel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.96 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Ortel Stock is giving positive 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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Daily charts

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Daily chart

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