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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 2022-08-01 View latest technical analysis

10 day averaged volume of Ortel is 12897

Date Daily Closing Price Open High Low Volume
01 Mon Aug 2022 1.34 1.27 1.35 1.24 0.527 times
29 Fri Jul 2022 1.30 1.24 1.30 1.24 0.471 times
28 Thu Jul 2022 1.30 1.29 1.30 1.29 0.358 times
27 Wed Jul 2022 1.30 1.36 1.36 1.25 1.624 times
26 Tue Jul 2022 1.30 1.24 1.35 1.24 1.681 times
25 Mon Jul 2022 1.30 1.29 1.30 1.29 0.178 times
22 Fri Jul 2022 1.24 1.30 1.30 1.24 0.143 times
20 Wed Jul 2022 1.30 1.19 1.30 1.19 0.1 times
19 Tue Jul 2022 1.25 1.24 1.35 1.23 1.086 times
18 Mon Jul 2022 1.29 1.32 1.32 1.21 1.942 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.3, but if it comes below 1.3, then a intra day sell could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 1.22 as target. However if you take a buy trade in stock , then use 1.3 as stoploss and 1.4 as target.

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 1.04
Downside Target 1.12
Downside Target 1.18
Downside Target 1.24
Downside Target 1.27
Upside Target 1.35
Upside Target 1.36
Upside Target 1.39
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 1.27
Downside Intraday Target 1.2
Upside Intraday Target 1.38
Upside Intraday Target 1.42
Downside Intraday Target 1.31

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
01 Mon Aug 2022 1.34 1.27 1.35 1.24 0.122 times
29 Fri 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
15 Fri Jul 2022 1.27 1.18 1.28 1.13 1.359 times
08 Fri Jul 2022 1.18 1.11 1.18 1.04 13.851 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
01 Mon Aug 2022 1.34 1.27 1.35 1.24 0.036 times
29 Fri 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 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 73Buy
CCI 108Buy
RSI 50Sell
OBV 57879Sell
VWAP 1Buy
ADL 0Sell
ROC 6Buy
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

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 and selling is picking up 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 above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ortel (Ortel) stock. Volume based technical analysis of Ortel (Ortel) stock is negative.

Ortel Stock is giving positive 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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