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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 2022-08-02 View latest technical analysis

10 day averaged volume of Ortel is 10461

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 1.28 1.39 1.39 1.28 0.511 times
01 Mon Aug 2022 1.34 1.27 1.35 1.24 0.65 times
29 Fri Jul 2022 1.30 1.24 1.30 1.24 0.58 times
28 Thu Jul 2022 1.30 1.29 1.30 1.29 0.441 times
27 Wed Jul 2022 1.30 1.36 1.36 1.25 2.003 times
26 Tue Jul 2022 1.30 1.24 1.35 1.24 2.072 times
25 Mon Jul 2022 1.30 1.29 1.30 1.29 0.22 times
22 Fri Jul 2022 1.24 1.30 1.30 1.24 0.177 times
20 Wed Jul 2022 1.30 1.19 1.30 1.19 0.123 times
19 Tue Jul 2022 1.25 1.24 1.35 1.23 1.339 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.3 as stoploss in an intra day sell trade for a target of 1.23. However, stock will show a bullish move above 1.3.

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 1.22
Downside Intraday Target 1.15
Upside Intraday Target 1.37
Upside Intraday Target 1.45
Upside Intraday Target 1.3

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 1.28 1.27 1.39 1.24 0.218 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 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
02 Tue Aug 2022 1.28 1.27 1.39 1.24 0.064 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 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, 0Buy
Stochastics 66None
CCI 111Buy
RSI 49Sell
OBV 52923Sell
VWAP 1Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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.

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. Bulls are getting tired and bears are picking up momentum.

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 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ortel is picking up selling 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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