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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 10955

Date Daily Closing Price Open High Low Volume
19 Fri Aug 2022 1.18 1.29 1.29 1.18 0.31 times
18 Thu Aug 2022 1.24 1.34 1.34 1.24 0.162 times
17 Wed Aug 2022 1.30 1.40 1.40 1.30 0.27 times
16 Tue Aug 2022 1.35 1.30 1.35 1.30 2.746 times
11 Thu Aug 2022 1.30 1.30 1.30 1.30 0.142 times
10 Wed Aug 2022 1.30 1.25 1.30 1.25 2.474 times
08 Mon Aug 2022 1.25 1.25 1.25 1.25 0 times
05 Fri Aug 2022 1.27 1.28 1.28 1.27 0.201 times
04 Thu Aug 2022 1.28 1.29 1.29 1.27 1.095 times
03 Wed Aug 2022 1.24 1.27 1.27 1.22 2.422 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.2, for a target of 1.2 or 1.28

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 1.04
Downside Target 1.12
Downside Target 1.18
Upside Target 1.22
Upside Target 1.30
Upside Target 1.35
Upside Target 1.39
Upside Target 1.40
Upside Target 1.70
Upside Target 1.71
Upside Target 1.80

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.11
Downside Intraday Target 1.03
Upside Intraday Target 1.33
Upside Intraday Target 1.47
Upside Intraday Target 1.25

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
19 Fri Aug 2022 1.18 1.30 1.40 1.18 1.333 times
11 Thu Aug 2022 1.30 1.25 1.30 1.25 0.542 times
05 Fri Aug 2022 1.27 1.27 1.39 1.22 0.951 times
30 Sat Jul 2022 1.30 1.29 1.36 1.24 1.318 times
22 Fri Jul 2022 1.24 1.32 1.35 1.19 0.803 times

Price has moved down 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
19 Fri Aug 2022 1.18 1.27 1.40 1.18 0.628 times
30 Sat Jul 2022 1.30 1.12 1.36 1.04 5.62 times
30 Thu Jun 2022 1.12 1.33 1.39 1.12 0.298 times
30 Mon May 2022 1.27 1.63 1.71 1.27 0.43 times

Scroll below to view daily charts

Price has moved down 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 19Sell
CCI -151Sell
RSI 51Buy
OBV 46551Sell
VWAP 1Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ortel ( (Ortel) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 but the sell signal is initial and weak.

Ortel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ortel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1.29 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

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Daily charts

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Daily chart

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