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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)

Showing technical analysis as on 2022-05-09 View latest technical analysis

10 day averaged volume of Ortel is 47119

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 1.63 1.63 1.63 1.63 0.001 times
28 Mon Mar 2022 1.71 1.70 1.71 1.70 5.359 times
21 Mon Mar 2022 1.71 1.71 1.71 1.71 0.087 times
07 Mon Mar 2022 1.80 1.80 1.80 1.80 0.178 times
14 Mon Feb 2022 1.72 1.72 1.72 1.72 0.064 times
07 Mon Feb 2022 1.64 1.65 1.65 1.57 0.679 times
31 Mon Jan 2022 1.65 1.65 1.65 1.65 0.129 times
24 Mon Jan 2022 1.73 1.73 1.73 1.65 0.468 times
17 Mon Jan 2022 1.73 1.82 1.82 1.73 0.399 times
10 Mon Jan 2022 1.82 1.80 1.89 1.80 0.366 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 1.6 as stoploss in an intra day buy trade for a target of 1.67. However, stock will show a bearish move below 1.6.

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 1.05
Downside Target 1.57
Downside Target 1.63
Upside Target 1.70
Upside Target 1.72
Upside Target 1.80
Upside Target 1.89

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.63
Downside Intraday Target 1.63
Downside Intraday Target 1.63
Downside Intraday Target 1.63
Downside Intraday Target 1.63

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 1.63 1.63 1.63 1.63 0 times
28 Mon Mar 2022 1.71 1.70 1.71 1.70 61.585 times
21 Mon Mar 2022 1.71 1.71 1.71 1.71 0.488 times
07 Mon Mar 2022 1.80 1.80 1.80 1.80 2.8 times
14 Mon Feb 2022 1.72 1.72 1.72 1.72 0.094 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
09 Mon May 2022 1.63 1.63 1.63 1.63 0 times
28 Mon Mar 2022 1.71 1.80 1.80 1.70 7.569 times
14 Mon Feb 2022 1.72 1.65 1.72 1.57 0.205 times
31 Mon Jan 2022 1.65 1.89 1.89 1.65 0.182 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 56, 56, 0 Sell
MACD 0, 0Sell
Stochastics 35None
CCI -106Sell
RSI 54Buy
OBV 614240Sell
VWAP 2Sell
ADL 0Sell
ROC -14Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 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 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 1.71 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.

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Daily charts

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Daily chart

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