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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)

10 day averaged volume of Ortel is 8105

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 0.91 0.91 0.91 0.91 0.999 times
24 Thu Nov 2022 0.95 0.95 0.95 0.95 0.635 times
23 Wed Nov 2022 1.00 1.00 1.00 1.00 0.062 times
22 Tue Nov 2022 1.00 0.92 1.00 0.92 0.003 times
21 Mon Nov 2022 0.96 0.98 0.98 0.95 0.071 times
18 Fri Nov 2022 0.94 0.94 0.94 0.94 1.247 times
17 Thu Nov 2022 0.98 1.01 1.01 0.93 1.822 times
16 Wed Nov 2022 0.97 1.02 1.02 0.97 1.361 times
15 Tue Nov 2022 1.02 1.02 1.12 1.02 4.105 times
14 Mon Nov 2022 1.07 1.07 1.07 1.07 0.37 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.8 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.1 as target.

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 0.91
Upside Target 0.93
Upside Target 0.95
Upside Target 1.00
Upside Target 1.04
Upside Target 1.08
Upside Target 1.12
Upside Target 1.17
Upside Target 1.23
Upside Target 1.29
Upside Target 1.32
Upside Target 1.34
Upside Target 1.35
Upside Target 1.36
Upside Target 1.40

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 0.88
Downside Intraday Target 0.85
Upside Intraday Target 0.97
Upside Intraday Target 1.03
Upside Intraday Target 0.94

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 0.91 0.98 1.00 0.91 0.199 times
18 Fri Nov 2022 0.94 1.07 1.12 0.93 19.456 times
11 Fri Nov 2022 1.12 1.23 1.23 1.12 0.267 times
04 Fri Nov 2022 1.29 1.23 1.29 1.18 0.253 times
21 Fri Oct 2022 1.18 1.23 1.34 1.17 2.083 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
25 Fri Nov 2022 0.91 1.29 1.29 0.91 0.978 times
27 Thu Oct 2022 1.23 1.17 1.35 1.17 0.107 times
30 Fri Sep 2022 1.21 1.18 1.32 0.95 6.21 times
30 Tue Aug 2022 1.18 1.27 1.40 1.08 0.817 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, -0Sell
Stochastics 13Sell
CCI -132Sell
RSI 48Sell
OBV -51024Sell
VWAP 1Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 but selling 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 0.98 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.

Click here for Ortel charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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