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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)

Showing technical analysis as on 2024-01-31 View latest technical analysis

10 day averaged volume of Orientelec is 33103

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	209.15	214.10	214.10	208.60	1.409 times
30 Tue Jan 2024	210.00	213.35	215.20	209.45	1.327 times
29 Mon Jan 2024	213.20	208.70	213.95	208.00	0.849 times
25 Thu Jan 2024	210.00	214.15	214.60	208.65	1.373 times
24 Wed Jan 2024	213.20	216.15	216.55	212.20	1.417 times
23 Tue Jan 2024	215.90	206.45	220.90	206.45	0.77 times
22 Mon Jan 2024	223.20	227.90	227.90	221.90	0.597 times
19 Fri Jan 2024	224.50	218.35	225.60	217.50	0.655 times
18 Thu Jan 2024	217.95	219.65	222.50	217.00	1.224 times
17 Wed Jan 2024	220.00	229.15	229.15	219.05	1.016 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 214.7, but if it comes above 214.7, then a intra day buy could be more profitable.
If you take a sell trade below 214.7, then use 214.7 as stoploss and 203.8 as target. However if you take a buy trade in stock , then use 214.7 as stoploss and 223.78 as target.

Share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Target	206.45
Upside Target	225.60
Upside Target	228.65
Upside Target	229.25
Upside Target	229.95
Upside Target	234.90
Upside Target	236.65
Upside Target	239.25
Upside Target	243.45
Upside Target	246.00

Intraday share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Intraday Target	206.37
Downside Intraday Target	203.58
Upside Intraday Target	213.57
Upside Intraday Target	217.98
Upside Intraday Target	210.78

Weekly technical analysis of Orientelec (Orientelec)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	209.15	208.70	215.20	208.00	0.863 times
25 Thu Jan 2024	210.00	227.90	227.90	206.45	0.88 times
19 Fri Jan 2024	224.50	232.60	234.90	217.00	1.693 times
12 Fri Jan 2024	232.50	239.25	239.25	228.65	0.443 times
05 Fri Jan 2024	234.65	230.10	236.65	225.60	1.941 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 Orientelec (Orientelec)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	209.15	230.10	239.25	206.45	0.577 times
29 Fri Dec 2023	226.75	217.05	246.00	215.15	4.386 times
30 Thu Nov 2023	216.50	217.85	229.25	208.95	1.058 times
31 Tue Oct 2023	217.60	221.85	229.95	207.55	0.403 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 Orientelec (Orientelec)

Price action analysis of Orientelec ( (Orientelec) ) based on a short 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 Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Orientelec in short term and the sell signal is strong.

Orientelec 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 Orientelec 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 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 214.5 and Orientelec (Orientelec) 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 Orientelec (Orientelec) stock. Volume based technical analysis of Orientelec (Orientelec) stock is negative.

Orientelec 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.