(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 2024-08-06 View latest technical analysis
10 day averaged volume of Ortel is 23497
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 1.57 | 1.58 | 1.58 | 1.50 | 1.002 times |
| 05 Mon Aug 2024 | 1.51 | 1.51 | 1.65 | 1.51 | 3.805 times |
| 02 Fri Aug 2024 | 1.58 | 1.50 | 1.59 | 1.47 | 3.187 times |
| 01 Thu Aug 2024 | 1.52 | 1.52 | 1.52 | 1.52 | 0.79 times |
| 29 Mon Jul 2024 | 1.45 | 1.45 | 1.45 | 1.45 | 0.027 times |
| 22 Mon Jul 2024 | 1.52 | 1.52 | 1.52 | 1.52 | 0.055 times |
| 15 Mon Jul 2024 | 1.59 | 1.59 | 1.59 | 1.59 | 0.096 times |
| 08 Mon Jul 2024 | 1.67 | 1.75 | 1.75 | 1.67 | 0.674 times |
| 18 Tue Jun 2024 | 1.76 | 1.76 | 1.76 | 1.76 | 0.515 times |
| 14 Fri Jun 2024 | 1.85 | 1.85 | 1.85 | 1.85 | 0.426 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1.4 or till 1.3. Use a stoploss of 1.58 and if the stock hits stoploss, then it can shoot up till 1.72
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 1.25 |
| Downside Target | 1.36 |
| Downside Target | 1.40 |
| Downside Target | 1.45 |
| Downside Target | 1.50 |
| Upside Target | 1.59 |
| Upside Target | 1.65 |
| Upside Target | 1.67 |
| Upside Target | 1.75 |
| Upside Target | 1.85 |
| Upside Target | 1.86 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 1.5 |
| Downside Intraday Target | 1.42 |
| Upside Intraday Target | 1.65 |
| Upside Intraday Target | 1.72 |
| Upside Intraday Target | 1.57 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 1.57 | 1.51 | 1.65 | 1.50 | 1.201 times |
| 02 Fri Aug 2024 | 1.58 | 1.45 | 1.59 | 1.45 | 72.362 times |
| 22 Mon Jul 2024 | 1.52 | 1.52 | 1.52 | 1.52 | 0.578 times |
| 15 Mon Jul 2024 | 1.59 | 1.59 | 1.59 | 1.59 | 0.142 times |
| 08 Mon Jul 2024 | 1.67 | 1.75 | 1.75 | 1.67 | 1.309 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 |
| 06 Tue Aug 2024 | 1.57 | 1.52 | 1.65 | 1.47 | 10.308 times |
| 29 Mon Jul 2024 | 1.45 | 1.75 | 1.75 | 1.45 | 0.062 times |
| 18 Tue Jun 2024 | 1.76 | 1.40 | 1.85 | 1.36 | 35.643 times |
| 27 Mon May 2024 | 1.40 | 1.54 | 1.54 | 1.40 | 0.104 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 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 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.
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 SELL signal for Ortel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 1.57 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.
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 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 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.
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 SELL signal for Ortel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 1.57 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 further forecast and predictions for tomorrow