(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 36589
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 1.27 | 1.27 | 1.27 | 1.27 | 0.014 times |
| 23 Mon May 2022 | 1.27 | 1.27 | 1.27 | 1.27 | 0.984 times |
| 20 Fri May 2022 | 1.33 | 1.33 | 1.33 | 1.33 | 0.034 times |
| 18 Wed May 2022 | 1.39 | 1.41 | 1.50 | 1.39 | 1.074 times |
| 17 Tue May 2022 | 1.46 | 1.46 | 1.46 | 1.46 | 0.001 times |
| 16 Mon May 2022 | 1.53 | 1.50 | 1.55 | 1.50 | 0.366 times |
| 13 Fri May 2022 | 1.48 | 1.48 | 1.48 | 1.48 | 0.027 times |
| 12 Thu May 2022 | 1.48 | 1.50 | 1.50 | 1.48 | 0.037 times |
| 11 Wed May 2022 | 1.55 | 1.55 | 1.71 | 1.55 | 0.574 times |
| 09 Mon May 2022 | 1.63 | 1.63 | 1.63 | 1.63 | 0.001 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.2, for a target of 1.4 or 1.59
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 1.05 |
| Downside Target | 1.27 |
| Upside Target | 1.33 |
| Upside Target | 1.48 |
| Upside Target | 1.55 |
| Upside Target | 1.65 |
| Upside Target | 1.70 |
| Upside Target | 1.71 |
| Upside Target | 1.72 |
| Upside Target | 1.80 |
| Upside Target | 1.89 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.27 |
| Downside Intraday Target | 1.27 |
| Downside Intraday Target | 1.27 |
| Downside Intraday Target | 1.27 |
| Downside Intraday Target | 1.27 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 1.27 | 1.27 | 1.27 | 1.27 | 0.676 times |
| 20 Fri May 2022 | 1.33 | 1.50 | 1.55 | 1.33 | 2.309 times |
| 13 Fri May 2022 | 1.48 | 1.63 | 1.71 | 1.48 | 0.093 times |
| 28 Mon Mar 2022 | 1.71 | 1.70 | 1.71 | 1.70 | 61.585 times |
| 21 Mon Mar 2022 | 1.71 | 1.71 | 1.71 | 1.71 | 0.488 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 |
| 27 Fri May 2022 | 1.27 | 1.63 | 1.71 | 1.27 | 0.43 times |
| 28 Mon Mar 2022 | 1.71 | 1.80 | 1.80 | 1.70 | 7.569 times |
| 14 Mon Feb 2022 | 1.72 | 1.65 | 1.72 | 1.57 | 0.205 times |
| 31 Mon Jan 2022 | 1.65 | 1.89 | 1.89 | 1.65 | 0.182 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 Ortel (Ortel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 63, 63, 0 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 0 | Sell |
| CCI | -120 | Sell |
| RSI | 51 | Buy |
| OBV | -44078 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -26 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Ortel ( (Ortel) ) 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 Ortel ( (Ortel) ) 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 Ortel ( (Ortel) ) 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 Ortel ( (Ortel) ) based on a mid to longer 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.
ADX buy sell signal for Ortel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ortel in short term and the sell signal is strong.
Ortel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ortel in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.4 and Ortel (Ortel) 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 Ortel (Ortel) stock. Volume based technical analysis of Ortel (Ortel) stock is negative.
Ortel 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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