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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 41406

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 1.27 1.27 1.27 1.27 0.081 times
03 Mon Oct 2022 1.21 1.17 1.27 1.17 0.188 times
30 Fri Sep 2022 1.21 1.26 1.32 1.20 0.322 times
29 Thu Sep 2022 1.26 1.26 1.26 1.26 0.453 times
28 Wed Sep 2022 1.20 1.20 1.20 1.20 0.604 times
27 Tue Sep 2022 1.20 1.26 1.26 1.20 0.702 times
26 Mon Sep 2022 1.20 1.20 1.20 1.20 0.831 times
23 Fri Sep 2022 1.15 1.15 1.15 1.05 1.903 times
22 Thu Sep 2022 1.10 1.10 1.10 1.00 1.104 times
21 Wed Sep 2022 1.05 1.00 1.05 0.95 1.813 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.2, but if it comes below 1.2, then a intra day sell could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.17 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.3 as target.

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 0.95
Downside Target 1.04
Downside Target 1.07
Downside Target 1.15
Downside Target 1.20
Downside Target 1.27
Upside Target 1.29
Upside Target 1.32
Upside Target 1.36
Upside Target 1.39
Upside Target 1.40

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.2
Downside Intraday Target 1.14
Upside Intraday Target 1.3
Upside Intraday Target 1.34
Downside Intraday Target 1.24

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 1.27 1.17 1.27 1.17 0.092 times
30 Fri Sep 2022 1.21 1.20 1.32 1.20 0.324 times
23 Fri Sep 2022 1.15 1.15 1.15 0.95 5.465 times
16 Fri Sep 2022 1.10 1.20 1.27 1.10 0.187 times
09 Fri Sep 2022 1.22 1.12 1.29 1.07 7.431 times

Price has moved up 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
04 Tue Oct 2022 1.27 1.17 1.27 1.17 0.012 times
30 Fri Sep 2022 1.21 1.18 1.32 0.95 6.21 times
30 Tue Aug 2022 1.18 1.27 1.40 1.08 0.817 times
29 Fri Jul 2022 1.30 1.12 1.36 1.04 5.62 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 63, 63, 0 Sell
MACD 0, -0Buy
Stochastics 76Buy
CCI 86Buy
RSI 52Buy
OBV 240395Sell
VWAP 1Buy
ADL 0Sell
ROC 27Buy
Force Index 0Sell

Price action analysis of Ortel ( (Ortel) ) based on a short 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 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 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

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ortel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1.15 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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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