(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)
Intraday share price targets for Ortel (Ortel)
|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|
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.