(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 2023-01-09 View latest technical analysis
10 day averaged volume of Ortel is 12953
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Jan 2023 | 1.02 | 1.02 | 1.03 | 1.02 | 0.67 times |
| 02 Mon Jan 2023 | 1.07 | 1.07 | 1.07 | 1.07 | 0.156 times |
| 26 Mon Dec 2022 | 1.12 | 1.12 | 1.12 | 1.12 | 0.097 times |
| 22 Thu Dec 2022 | 1.17 | 1.20 | 1.20 | 1.10 | 1.865 times |
| 21 Wed Dec 2022 | 1.15 | 1.15 | 1.25 | 1.14 | 0.543 times |
| 20 Tue Dec 2022 | 1.20 | 1.28 | 1.28 | 1.16 | 1.166 times |
| 19 Mon Dec 2022 | 1.22 | 1.22 | 1.22 | 1.17 | 2.351 times |
| 16 Fri Dec 2022 | 1.17 | 1.17 | 1.17 | 1.15 | 1.363 times |
| 15 Thu Dec 2022 | 1.12 | 1.20 | 1.20 | 1.10 | 0.866 times |
| 14 Wed Dec 2022 | 1.15 | 1.20 | 1.20 | 1.10 | 0.937 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 as stoploss in an intra day buy trade for a target of 1.07. However, stock will show a bearish move below 1.
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 0.87 |
| Downside Target | 0.89 |
| Downside Target | 0.95 |
| Downside Target | 1.02 |
| Upside Target | 1.07 |
| Upside Target | 1.10 |
| Upside Target | 1.17 |
| Upside Target | 1.20 |
| Upside Target | 1.28 |
| Upside Target | 1.29 |
| Upside Target | 1.32 |
| Upside Target | 1.35 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.02 |
| Downside Intraday Target | 1.01 |
| Upside Intraday Target | 1.03 |
| Upside Intraday Target | 1.03 |
| Upside Intraday Target | 1.02 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Jan 2023 | 1.02 | 1.02 | 1.03 | 1.02 | 4.284 times |
| 02 Mon Jan 2023 | 1.07 | 1.07 | 1.07 | 1.07 | 1.62 times |
| 26 Mon Dec 2022 | 1.12 | 1.12 | 1.12 | 1.12 | 0.016 times |
| 22 Thu Dec 2022 | 1.17 | 1.22 | 1.28 | 1.10 | 1.55 times |
| 16 Fri Dec 2022 | 1.17 | 1.10 | 1.20 | 1.10 | 5.811 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ortel (Ortel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Jan 2023 | 1.02 | 1.07 | 1.07 | 1.02 | 0.069 times |
| 26 Mon Dec 2022 | 1.12 | 0.89 | 1.28 | 0.89 | 1.297 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 |
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, 0 | Sell |
| Stochastics | 4 | Sell |
| CCI | -184 | Sell |
| RSI | 48 | Sell |
| OBV | 68626 | Sell |
| VWAP | 1 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | 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 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 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
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 below 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 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 1.17 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 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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