(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 6800
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||1.01||1.01||1.01||1.01||0.103 times|
|02 Thu Feb 2023||0.97||0.97||0.97||0.97||0.166 times|
|01 Wed Feb 2023||0.93||0.93||0.93||0.93||1.912 times|
|30 Mon Jan 2023||0.89||0.97||0.97||0.89||0.824 times|
|23 Mon Jan 2023||0.93||0.97||0.97||0.93||0.461 times|
|16 Mon Jan 2023||0.97||0.97||0.97||0.97||0.294 times|
|09 Mon Jan 2023||1.02||1.02||1.03||1.02||1.276 times|
|02 Mon Jan 2023||1.07||1.07||1.07||1.07||0.298 times|
|26 Mon Dec 2022||1.12||1.12||1.12||1.12||0.184 times|
|22 Thu Dec 2022||1.17||1.20||1.20||1.10||3.553 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1 as stoploss in an intra day buy trade for a target of 1.07. However, stock will show a bearish move below 1.
Share price targets for Ortel (Ortel)
Intraday share price targets for Ortel (Ortel)
|Downside Intraday Target||0.93|
|Downside Intraday Target||0.85|
|Upside Intraday Target||1.05|
|Upside Intraday Target||1.09|
|Downside Intraday Target||0.97|
Weekly technical analysis of Ortel (Ortel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||1.01||0.97||1.01||0.89||6.509 times|
|23 Mon Jan 2023||0.93||0.97||0.97||0.93||1.569 times|
|16 Mon Jan 2023||0.97||0.97||0.97||0.97||0.231 times|
|09 Mon Jan 2023||1.02||1.02||1.03||1.02||4.284 times|
|02 Mon Jan 2023||1.07||1.07||1.07||1.07||1.62 times|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ortel (Ortel)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||1.01||0.93||1.01||0.93||0.692 times|
|30 Mon Jan 2023||0.89||1.07||1.07||0.89||0.138 times|
|26 Mon Dec 2022||1.12||0.89||1.28||0.89||1.297 times|
|30 Wed Nov 2022||0.93||1.29||1.29||0.87||1.157 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||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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Ortel in short term and the sell signal is strong.
Ortel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ortel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Ortel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.04 and Ortel (Ortel) stock is trading below this level. This means that stock is falling with high volumes. 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.