(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 2021-10-05 View latest technical analysis
10 day averaged volume of Ortel is 12933
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Tue Oct 2021||1.33||1.28||1.33||1.28||0.135 times|
|04 Mon Oct 2021||1.34||1.40||1.40||1.34||1.098 times|
|01 Fri Oct 2021||1.41||1.41||1.41||1.41||0.897 times|
|29 Wed Sep 2021||1.35||1.23||1.35||1.23||0.074 times|
|28 Tue Sep 2021||1.29||1.40||1.40||1.29||1.198 times|
|27 Mon Sep 2021||1.35||1.32||1.35||1.26||1.083 times|
|24 Fri Sep 2021||1.32||1.26||1.32||1.26||0.768 times|
|23 Thu Sep 2021||1.26||1.26||1.26||1.14||1.034 times|
|22 Wed Sep 2021||1.20||1.20||1.22||1.20||3.369 times|
|21 Tue Sep 2021||1.17||1.15||1.19||1.15||0.441 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.3, but if it comes below 1.3, then a intra day sell could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 1.26 as target. However if you take a buy trade in stock , then use 1.3 as stoploss and 1.4 as target.
Share price targets for Ortel (Ortel)
Intraday share price targets for Ortel (Ortel)
|Downside Intraday Target||1.27|
|Downside Intraday Target||1.22|
|Upside Intraday Target||1.39|
|Upside Intraday Target||1.46|
|Upside Intraday Target||1.34|
Weekly technical analysis of Ortel (Ortel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Tue Oct 2021||1.33||1.40||1.40||1.28||0.379 times|
|01 Fri Oct 2021||1.41||1.32||1.41||1.23||0.579 times|
|24 Fri Sep 2021||1.32||1.15||1.32||1.14||145.15 times|
|15 Wed Sep 2021||1.14||1.14||1.14||1.14||0.035 times|
|09 Thu Sep 2021||1.09||1.29||1.29||1.09||6.792 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 Tue Oct 2021||1.33||1.41||1.41||1.28||0.23 times|
|29 Wed Sep 2021||1.35||1.29||1.40||1.09||1.518 times|
|30 Mon Aug 2021||1.24||1.29||1.35||1.17||2.912 times|
|28 Wed Jul 2021||1.29||1.20||1.29||1.15||0.953 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|
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 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.
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 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 but SELL signal is weak.
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 1.28 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.