(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 2024-06-06 View latest technical analysis
10 day averaged volume of Ortel is 25566
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 1.47 | 1.47 | 1.47 | 1.45 | 1.257 times |
| 05 Wed Jun 2024 | 1.40 | 1.43 | 1.50 | 1.36 | 4.03 times |
| 04 Tue Jun 2024 | 1.43 | 1.40 | 1.43 | 1.40 | 4.617 times |
| 03 Mon Jun 2024 | 1.37 | 1.40 | 1.47 | 1.37 | 0.85 times |
| 27 Mon May 2024 | 1.40 | 1.40 | 1.40 | 1.40 | 0.039 times |
| 21 Tue May 2024 | 1.40 | 1.47 | 1.47 | 1.40 | 0.063 times |
| 13 Mon May 2024 | 1.47 | 1.47 | 1.47 | 1.47 | 0.175 times |
| 06 Mon May 2024 | 1.54 | 1.54 | 1.54 | 1.54 | 0.078 times |
| 29 Mon Apr 2024 | 1.62 | 1.62 | 1.62 | 1.62 | 0.024 times |
| 22 Mon Apr 2024 | 1.70 | 1.86 | 1.86 | 1.70 | 0.122 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.3 or till 1.2. Use a stoploss of 1.48 and if the stock hits stoploss, then it can shoot up till 1.62
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 1.10 |
| Downside Target | 1.25 |
| Downside Target | 1.31 |
| Downside Target | 1.36 |
| Downside Target | 1.40 |
| Downside Target | 1.47 |
| Upside Target | 1.50 |
| Upside Target | 1.54 |
| Upside Target | 1.62 |
| Upside Target | 1.86 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.39 |
| Downside Intraday Target | 1.3 |
| Upside Intraday Target | 1.53 |
| Upside Intraday Target | 1.58 |
| Downside Intraday Target | 1.44 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 1.47 | 1.40 | 1.50 | 1.36 | 274.926 times |
| 27 Mon May 2024 | 1.40 | 1.40 | 1.40 | 1.40 | 0.164 times |
| 21 Tue May 2024 | 1.40 | 1.47 | 1.47 | 1.40 | 3.047 times |
| 06 Mon May 2024 | 1.54 | 1.54 | 1.54 | 1.54 | 3.279 times |
| 29 Mon Apr 2024 | 1.62 | 1.62 | 1.62 | 1.62 | 0.195 times |
Price has moved up 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 |
| 06 Thu Jun 2024 | 1.47 | 1.40 | 1.50 | 1.36 | 30.232 times |
| 27 Mon May 2024 | 1.40 | 1.54 | 1.54 | 1.40 | 0.104 times |
| 29 Mon Apr 2024 | 1.62 | 1.25 | 1.86 | 1.25 | 17.529 times |
| 26 Tue Mar 2024 | 1.25 | 1.31 | 1.31 | 1.25 | 0.017 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Ortel (Ortel)
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ortel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1.42 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ortel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1.42 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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