(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 2024-06-11 View latest technical analysis
10 day averaged volume of Ortel is 29020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 1.69 | 1.69 | 1.69 | 1.69 | 0.032 times |
| 10 Mon Jun 2024 | 1.61 | 1.61 | 1.61 | 1.61 | 0.213 times |
| 07 Fri Jun 2024 | 1.54 | 1.54 | 1.54 | 1.54 | 0 times |
| 06 Thu Jun 2024 | 1.47 | 1.47 | 1.47 | 1.45 | 1.107 times |
| 05 Wed Jun 2024 | 1.40 | 1.43 | 1.50 | 1.36 | 3.55 times |
| 04 Tue Jun 2024 | 1.43 | 1.40 | 1.43 | 1.40 | 4.068 times |
| 03 Mon Jun 2024 | 1.37 | 1.40 | 1.47 | 1.37 | 0.749 times |
| 27 Mon May 2024 | 1.40 | 1.40 | 1.40 | 1.40 | 0.034 times |
| 21 Tue May 2024 | 1.40 | 1.47 | 1.47 | 1.40 | 0.055 times |
| 13 Mon May 2024 | 1.47 | 1.47 | 1.47 | 1.47 | 0.155 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 1.7 as stoploss in an intra day sell trade for a target of 1.53. However, stock will show a bullish move above 1.7.
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 |
| Downside Target | 1.51 |
| Downside Target | 1.54 |
| Downside Target | 1.61 |
| Downside Target | 1.69 |
| Upside Target | 1.86 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.64 |
| Downside Intraday Target | 1.58 |
| Upside Intraday Target | 1.72 |
| Upside Intraday Target | 1.74 |
| Downside Intraday Target | 1.66 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 1.69 | 1.61 | 1.69 | 1.61 | 0.026 times |
| 07 Fri Jun 2024 | 1.54 | 1.40 | 1.54 | 1.36 | 274.927 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 |
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 |
| 11 Tue Jun 2024 | 1.69 | 1.40 | 1.69 | 1.36 | 31.013 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 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 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 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.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.42 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 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.
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 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 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.
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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1.42 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 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 further forecast and predictions for tomorrow