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(Orientelec) Orientelec complete technical analysis [charts+indicators] | Buy/Sell Orientelec | (Orientelec) share price targets

Complete technical analysis of Orientelec (Orientelec) by charts plus indicators, forecast predictions and share price targets for Orientelec (Orientelec)

10 day averaged volume of Orientelec is 52647

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 229.60 226.00 232.00 220.05 1.314 times
02 Thu May 2024 225.85 219.20 228.50 218.10 2.27 times
30 Tue Apr 2024 218.60 219.00 222.45 217.30 0.342 times
29 Mon Apr 2024 219.25 219.65 220.40 218.35 0.794 times
26 Fri Apr 2024 217.95 219.25 220.85 217.05 0.351 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 227.4, for a target of 220.6 or 215

Share price targets for Orientelec (Orientelec)

Target Type Value
Downside Target 189.10
Downside Target 206.30
Downside Target 213.40
Downside Target 217.45
Downside Target 218.10
Downside Target 222.80
Downside Target 227.10
Upside Target 232.00
Upside Target 239.25

Intraday share price targets for Orientelec (Orientelec)

Target Type Value
Downside Intraday Target 220.6
Downside Intraday Target 211.6
Upside Intraday Target 235.3
Upside Intraday Target 241
Downside Intraday Target 226.3

Weekly technical analysis of Orientelec (Orientelec)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 229.60 219.65 232.00 217.30 0.936 times
26 Fri Apr 2024 217.95 209.00 222.80 209.00 2.28 times
19 Fri Apr 2024 208.00 207.85 213.40 206.30 1.088 times
12 Fri Apr 2024 211.20 214.10 215.80 206.80 0.54 times
05 Fri Apr 2024 212.45 194.25 217.45 194.10 2.284 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 Orientelec (Orientelec)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 229.60 219.20 232.00 218.10 0.253 times
30 Tue Apr 2024 218.60 194.25 222.80 194.10 1.993 times
28 Thu Mar 2024 192.90 205.75 213.45 191.50 0.313 times
29 Thu Feb 2024 208.75 211.25 227.10 189.10 1.678 times

Price has moved up 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 Orientelec (Orientelec)

Indicator Name Indicator Value Indicator Signal
ADX 33, 9, 59 Buy
MACD 8, 6Buy
Stochastics 84Buy
CCI 186Buy
RSI 68Buy
OBV 333753Sell
VWAP 221Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Orientelec 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.

Orientelec 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Orientelec 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

Stock of Orientelec is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 221.08 and Orientelec (Orientelec) 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 Orientelec (Orientelec) stock. Volume based technical analysis of Orientelec (Orientelec) stock is negative.

Orientelec 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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