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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 8925

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 1.54 1.54 1.54 1.54 0.224 times
29 Mon Apr 2024 1.62 1.62 1.62 1.62 0.068 times
22 Mon Apr 2024 1.70 1.86 1.86 1.70 0.35 times
15 Mon Apr 2024 1.78 1.78 1.78 1.78 0.004 times
09 Tue Apr 2024 1.72 1.72 1.72 1.72 0.65 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 1.6 as stoploss in an intra day sell trade for a target of 1.46. However, stock will show a bullish move above 1.6.

Share price targets for Ortel (Ortel)

Target Type Value
Downside Target 1.00
Downside Target 1.05
Downside Target 1.10
Downside Target 1.25
Downside Target 1.31
Downside Target 1.51
Upside Target 1.62
Upside Target 1.70
Upside Target 1.72
Upside Target 1.78
Upside Target 1.86

Intraday share price targets for Ortel (Ortel)

Target Type Value
Downside Intraday Target 1.54
Downside Intraday Target 1.54
Downside Intraday Target 1.54
Downside Intraday Target 1.54
Downside Intraday Target 1.54

Weekly technical analysis of Ortel (Ortel)

Date Weekly Closing Price Open High Low Volume
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
22 Mon Apr 2024 1.70 1.86 1.86 1.70 91.853 times
15 Mon Apr 2024 1.78 1.78 1.78 1.78 0.001 times
09 Tue Apr 2024 1.72 1.64 1.72 1.64 1.027 times

Price has moved down 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 Mon May 2024 1.54 1.54 1.54 1.54 0.023 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
26 Mon Feb 2024 1.37 1.10 1.51 1.10 192.997 times

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 50, 50, 0 Sell
MACD 0, 0Sell
Stochastics 59None
CCI -24Sell
RSI 55Buy
OBV 315472Sell
VWAP 2Sell
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is

Price action analysis of Ortel ( (Ortel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal for Ortel in short term

Ortel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing 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 1.55 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 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.

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