(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 2022-12-21 View latest technical analysis
10 day averaged volume of Ortel is 11822
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Dec 2022 | 1.15 | 1.15 | 1.25 | 1.14 | 0.595 times |
| 20 Tue Dec 2022 | 1.20 | 1.28 | 1.28 | 1.16 | 1.277 times |
| 19 Mon Dec 2022 | 1.22 | 1.22 | 1.22 | 1.17 | 2.576 times |
| 16 Fri Dec 2022 | 1.17 | 1.17 | 1.17 | 1.15 | 1.493 times |
| 15 Thu Dec 2022 | 1.12 | 1.20 | 1.20 | 1.10 | 0.949 times |
| 14 Wed Dec 2022 | 1.15 | 1.20 | 1.20 | 1.10 | 1.027 times |
| 13 Tue Dec 2022 | 1.15 | 1.10 | 1.15 | 1.10 | 0.719 times |
| 12 Mon Dec 2022 | 1.10 | 1.10 | 1.10 | 1.10 | 0 times |
| 06 Tue Dec 2022 | 1.06 | 0.96 | 1.06 | 0.96 | 0.719 times |
| 05 Mon Dec 2022 | 1.01 | 1.01 | 1.01 | 1.01 | 0.002 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.1, but if it comes below 1.1, then a intra day sell could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1.04 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.3 as target.
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 0.87 |
| Downside Target | 0.89 |
| Downside Target | 0.91 |
| Downside Target | 0.95 |
| Downside Target | 1.00 |
| Downside Target | 1.06 |
| Downside Target | 1.14 |
| Upside Target | 1.17 |
| Upside Target | 1.20 |
| Upside Target | 1.28 |
| Upside Target | 1.29 |
| Upside Target | 1.32 |
| Upside Target | 1.35 |
| Upside Target | 1.40 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.1 |
| Downside Intraday Target | 1.05 |
| Upside Intraday Target | 1.24 |
| Upside Intraday Target | 1.33 |
| Upside Intraday Target | 1.19 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Dec 2022 | 1.15 | 1.22 | 1.28 | 1.14 | 1.062 times |
| 16 Fri Dec 2022 | 1.17 | 1.10 | 1.20 | 1.10 | 5.811 times |
| 06 Tue Dec 2022 | 1.06 | 1.01 | 1.06 | 0.96 | 0.224 times |
| 02 Fri Dec 2022 | 1.01 | 0.87 | 1.01 | 0.87 | 2.644 times |
| 25 Fri Nov 2022 | 0.91 | 0.98 | 1.00 | 0.91 | 0.199 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 |
| 21 Wed Dec 2022 | 1.15 | 0.89 | 1.28 | 0.89 | 1.085 times |
| 30 Wed Nov 2022 | 0.93 | 1.29 | 1.29 | 0.87 | 1.157 times |
| 27 Thu Oct 2022 | 1.23 | 1.17 | 1.35 | 1.17 | 0.107 times |
| 30 Fri Sep 2022 | 1.21 | 1.18 | 1.32 | 0.95 | 6.21 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, 0 | Buy |
| Stochastics | 78 | Buy |
| CCI | 62 | Sell |
| RSI | 50 | Buy |
| OBV | 46913 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Ortel ( (Ortel) ) based on a short 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 short 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 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 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 BUY signal for Ortel in short term and the buy signal is strong.
Ortel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ortel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 1.17 and Ortel (Ortel) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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