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(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 2024-08-19 View latest technical analysis

10 day averaged volume of Ortel is 33606

Date Daily Closing Price Open High Low Volume
19 Mon Aug 2024 1.85 1.85 1.85 1.77 1.896 times
16 Fri Aug 2024 1.77 1.70 1.78 1.62 0.939 times
14 Wed Aug 2024 1.70 1.75 1.75 1.60 0.413 times
13 Tue Aug 2024 1.67 1.52 1.68 1.52 0.85 times
12 Mon Aug 2024 1.60 1.73 1.73 1.57 0.971 times
09 Fri Aug 2024 1.65 1.74 1.74 1.65 0.538 times
08 Thu Aug 2024 1.66 1.69 1.69 1.66 0.186 times
07 Wed Aug 2024 1.61 1.64 1.64 1.54 0.514 times
06 Tue Aug 2024 1.57 1.58 1.58 1.50 0.7 times
05 Mon Aug 2024 1.51 1.51 1.65 1.51 2.66 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.8, but if it comes below 1.8, then a intra day sell could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.66 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 1.9 as target.

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
Downside Target 1.59
Downside Target 1.74
Downside Target 1.77
Downside Target 1.78
Downside Target 1.85
Upside Target 1.86

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.8
Downside Intraday Target 1.74
Upside Intraday Target 1.88
Upside Intraday Target 1.9
Downside Intraday Target 1.82

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
19 Mon Aug 2024 1.85 1.85 1.85 1.77 0.598 times
16 Fri Aug 2024 1.77 1.73 1.78 1.52 0.69 times
09 Fri Aug 2024 1.65 1.51 1.74 1.50 1.643 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

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
19 Mon Aug 2024 1.85 1.52 1.85 1.47 20.896 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 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 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.

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 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 1.65 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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.

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 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 1.65 and Ortel (Ortel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ortel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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