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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 3759

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 1.11 1.11 1.11 1.11 0.003 times
06 Mon Feb 2023 1.06 1.06 1.06 1.06 0.019 times
03 Fri Feb 2023 1.01 1.01 1.01 1.01 0.186 times
02 Thu Feb 2023 0.97 0.97 0.97 0.97 0.3 times
01 Wed Feb 2023 0.93 0.93 0.93 0.93 3.458 times
30 Mon Jan 2023 0.89 0.97 0.97 0.89 1.49 times
23 Mon Jan 2023 0.93 0.97 0.97 0.93 0.835 times
16 Mon Jan 2023 0.97 0.97 0.97 0.97 0.532 times
09 Mon Jan 2023 1.02 1.02 1.03 1.02 2.308 times
02 Mon Jan 2023 1.07 1.07 1.07 1.07 0.539 times

My analysis of stock is bullish for shortterm, and stock might move up till 1.2 or till 1.3. Use a stoploss of 1.08 and if this stock hits its stoploss, then it can fall down till 0.98

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
Downside Target 1.06
Downside Target 1.07
Downside Target 1.11
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 1.08
Downside Intraday Target 1.04
Upside Intraday Target 1.13
Upside Intraday Target 1.14
Downside Intraday Target 1.09

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 1.11 1.06 1.11 1.06 0.004 times
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

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 Tue Feb 2023 1.11 0.93 1.11 0.93 0.695 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, -0Buy
Stochastics 71Buy
CCI 135Buy
RSI 49Sell
OBV 48137Sell
VWAP 1Buy
ADL 0Sell
ROC -1Sell
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

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 BUY signal for Ortel in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red 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 SELL signal in short term but selling is losing 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 0.96 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 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.

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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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