(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 2024-09-16 View latest technical analysis
10 day averaged volume of Ortel is 45207
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 2.02 | 2.02 | 2.02 | 2.02 | 0.09 times |
| 02 Mon Sep 2024 | 2.12 | 2.29 | 2.29 | 2.12 | 1.046 times |
| 23 Fri Aug 2024 | 2.23 | 2.23 | 2.23 | 2.23 | 1.765 times |
| 22 Thu Aug 2024 | 2.13 | 2.13 | 2.13 | 2.13 | 0.414 times |
| 21 Wed Aug 2024 | 2.03 | 2.02 | 2.03 | 1.85 | 2.028 times |
| 20 Tue Aug 2024 | 1.94 | 1.93 | 1.94 | 1.90 | 0.977 times |
| 19 Mon Aug 2024 | 1.85 | 1.85 | 1.85 | 1.77 | 1.41 times |
| 16 Fri Aug 2024 | 1.77 | 1.70 | 1.78 | 1.62 | 0.698 times |
| 14 Wed Aug 2024 | 1.70 | 1.75 | 1.75 | 1.60 | 0.307 times |
| 13 Tue Aug 2024 | 1.67 | 1.52 | 1.68 | 1.52 | 0.632 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2, but if it comes below 2, then a intra day sell could be more profitable.
If you take a sell trade below 2, then use 2 as stoploss and 1.76 as target. However if you take a buy trade in stock , then use 2 as stoploss and 2.3 as target.
Share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Target | 1.36 |
| Downside Target | 1.40 |
| Downside Target | 1.45 |
| Downside Target | 1.50 |
| Downside Target | 1.74 |
| Downside Target | 1.85 |
| Downside Target | 2.02 |
| Upside Target | 2.12 |
| Upside Target | 2.23 |
| Upside Target | 2.29 |
Intraday share price targets for Ortel (Ortel)
| Target Type | Value |
| Downside Intraday Target | 2.02 |
| Downside Intraday Target | 2.02 |
| Downside Intraday Target | 2.02 |
| Downside Intraday Target | 2.02 |
| Downside Intraday Target | 2.02 |
Weekly technical analysis of Ortel (Ortel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 2.02 | 2.02 | 2.02 | 2.02 | 0.086 times |
| 02 Mon Sep 2024 | 2.12 | 2.29 | 2.29 | 2.12 | 0.159 times |
| 23 Fri Aug 2024 | 2.23 | 1.85 | 2.23 | 1.77 | 2.795 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 |
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 |
| 16 Mon Sep 2024 | 2.02 | 2.29 | 2.29 | 2.02 | 0.079 times |
| 23 Fri Aug 2024 | 2.23 | 1.52 | 2.23 | 1.47 | 32.603 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 |
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)
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
Ortel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ortel in short term but SELL signal is weak.
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 1.99 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ortel ( (Ortel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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.
Ortel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ortel in short term but SELL signal is weak.
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 1.99 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.
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