(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 2022-05-11 View latest technical analysis
10 day averaged volume of Ortel is 36424
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 1.55 | 1.55 | 1.71 | 1.55 | 0.577 times |
| 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 | 6.932 times |
| 21 Mon Mar 2022 | 1.71 | 1.71 | 1.71 | 1.71 | 0.113 times |
| 07 Mon Mar 2022 | 1.80 | 1.80 | 1.80 | 1.80 | 0.231 times |
| 14 Mon Feb 2022 | 1.72 | 1.72 | 1.72 | 1.72 | 0.082 times |
| 07 Mon Feb 2022 | 1.64 | 1.65 | 1.65 | 1.57 | 0.879 times |
| 31 Mon Jan 2022 | 1.65 | 1.65 | 1.65 | 1.65 | 0.167 times |
| 24 Mon Jan 2022 | 1.73 | 1.73 | 1.73 | 1.65 | 0.605 times |
| 17 Mon Jan 2022 | 1.73 | 1.82 | 1.82 | 1.73 | 0.516 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.6, but if it comes above 1.6, then a intra day buy could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.6 as stoploss and 1.67 as target.
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 1.05 |
| Downside Target | 1.55 |
| Upside Target | 1.65 |
| 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 | 1.5 |
| Downside Intraday Target | 1.44 |
| Upside Intraday Target | 1.66 |
| Upside Intraday Target | 1.76 |
| Upside Intraday Target | 1.6 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed May 2022 | 1.55 | 1.63 | 1.71 | 1.55 | 0.083 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 |
| 11 Wed May 2022 | 1.55 | 1.63 | 1.71 | 1.55 | 0.079 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 | 50, 50, 0 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 21 | Sell |
| CCI | -112 | Sell |
| RSI | 53 | Buy |
| OBV | 367655 | Sell |
| VWAP | 2 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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 1.7 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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