(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)
Showing technical analysis as on 2021-08-24 View latest technical analysis
10 day averaged volume of Ortel is 3995
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||1.29||1.34||1.34||1.22||0.503 times|
|23 Mon Aug 2021||1.28||1.22||1.28||1.22||0.1 times|
|20 Fri Aug 2021||1.22||1.22||1.22||1.22||0.478 times|
|18 Wed Aug 2021||1.22||1.30||1.34||1.22||5.562 times|
|17 Tue Aug 2021||1.28||1.28||1.28||1.28||0.449 times|
|16 Mon Aug 2021||1.25||1.34||1.34||1.25||1.179 times|
|13 Fri Aug 2021||1.28||1.29||1.29||1.17||0.275 times|
|12 Thu Aug 2021||1.23||1.23||1.23||1.23||0.317 times|
|11 Wed Aug 2021||1.23||1.23||1.23||1.23||0.088 times|
|10 Tue Aug 2021||1.29||1.29||1.29||1.29||0.801 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.3 as stoploss in an intra day sell trade for a target of 1.25. However, stock will show a bullish move above 1.3.
Share price targets for Ortel (Ortel)
Intraday share price targets for Ortel (Ortel)
|Downside Intraday Target||1.23|
|Downside Intraday Target||1.16|
|Upside Intraday Target||1.35|
|Upside Intraday Target||1.4|
|Downside Intraday Target||1.28|
Weekly technical analysis of Ortel (Ortel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Tue Aug 2021||1.29||1.22||1.34||1.22||0.079 times|
|20 Fri Aug 2021||1.22||1.34||1.34||1.22||3.436 times|
|13 Fri Aug 2021||1.28||1.35||1.35||1.17||0.509 times|
|04 Wed Aug 2021||1.35||1.29||1.35||1.23||1750 times|
|28 Wed Jul 2021||1.29||1.29||1.29||1.29||0 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|
|24 Tue Aug 2021||1.29||1.29||1.35||1.17||2.196 times|
|28 Wed Jul 2021||1.29||1.20||1.29||1.15||0.953 times|
|30 Wed Jun 2021||1.25||1.05||1.31||1.05||1.536 times|
|28 Fri May 2021||1.00||0.88||1.06||0.88||1.349 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Ortel (Ortel)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||71, 71, 0||Sell|
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ortel ( (Ortel) ) based on a short to mid 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 1.24 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 has given negative 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.