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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 25825

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 1.35 1.35 1.35 1.30 0.235 times
06 Thu Oct 2022 1.30 1.33 1.33 1.30 0.077 times
04 Tue Oct 2022 1.27 1.27 1.27 1.27 0.13 times
03 Mon Oct 2022 1.21 1.17 1.27 1.17 0.301 times
30 Fri Sep 2022 1.21 1.26 1.32 1.20 0.517 times
29 Thu Sep 2022 1.26 1.26 1.26 1.26 0.727 times
28 Wed Sep 2022 1.20 1.20 1.20 1.20 0.968 times
27 Tue Sep 2022 1.20 1.26 1.26 1.20 1.126 times
26 Mon Sep 2022 1.20 1.20 1.20 1.20 1.333 times
23 Fri Sep 2022 1.15 1.15 1.15 1.05 3.051 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.4, for a target of 1.3 or 1.18

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
Downside Target 1.32
Downside Target 1.35
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 1.23
Downside Intraday Target 1.11
Upside Intraday Target 1.41
Upside Intraday Target 1.47
Downside Intraday Target 1.29

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 1.35 1.17 1.35 1.17 0.159 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
07 Fri Oct 2022 1.35 1.17 1.35 1.17 0.02 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 92Buy
CCI 139Buy
RSI 51Buy
OBV 125781Sell
VWAP 1Buy
ADL 0Sell
ROC 23Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ortel ( (Ortel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 stronger in this stock.

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 1.19 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.

Click here for Ortel charts

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Daily charts

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Daily chart

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