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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 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)

Target Type Value
Downside Target 0.87
Downside Target 0.89
Downside Target 0.93
Downside Target 0.97
Downside Target 1.01
Upside Target 1.07
Upside Target 1.17
Upside Target 1.28
Upside Target 1.29
Upside Target 1.35

Intraday share price targets for Ortel (Ortel)

Target Type Value
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
MACD -0, -0Sell
Stochastics 24Sell
CCI -1Buy
RSI 48Sell
OBV 62691Sell
VWAP 1Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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.

Click here for Ortel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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