(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 2024-02-02 View latest technical analysis
10 day averaged volume of Orientelec is 41749
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 220.20 | 221.75 | 222.25 | 217.10 | 0.956 times |
| 01 Thu Feb 2024 | 217.50 | 211.25 | 218.20 | 209.60 | 2.373 times |
| 31 Wed Jan 2024 | 209.15 | 214.10 | 214.10 | 208.60 | 1.117 times |
| 30 Tue Jan 2024 | 210.00 | 213.35 | 215.20 | 209.45 | 1.053 times |
| 29 Mon Jan 2024 | 213.20 | 208.70 | 213.95 | 208.00 | 0.673 times |
| 25 Thu Jan 2024 | 210.00 | 214.15 | 214.60 | 208.65 | 1.088 times |
| 24 Wed Jan 2024 | 213.20 | 216.15 | 216.55 | 212.20 | 1.123 times |
| 23 Tue Jan 2024 | 215.90 | 206.45 | 220.90 | 206.45 | 0.611 times |
| 22 Mon Jan 2024 | 223.20 | 227.90 | 227.90 | 221.90 | 0.473 times |
| 19 Fri Jan 2024 | 224.50 | 218.35 | 225.60 | 217.50 | 0.519 times |
My analysis of stock is bearish for shortterm, and stock might move down till 213.7 or till 203.4. Use a stoploss of 222.31 and if the stock hits stoploss, then it can shoot up till 230.89
Share price targets for Orientelec (Orientelec)
| Target Type | Value |
| Downside Target | 206.45 |
| Downside Target | 215.15 |
| Upside Target | 222.25 |
| 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 | 246.00 |
Intraday share price targets for Orientelec (Orientelec)
| Target Type | Value |
| Downside Intraday Target | 211.38 |
| Downside Intraday Target | 202.57 |
| Upside Intraday Target | 225.63 |
| Upside Intraday Target | 231.07 |
| Downside Intraday Target | 216.82 |
Weekly technical analysis of Orientelec (Orientelec)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 220.20 | 208.70 | 222.25 | 208.00 | 1.873 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Orientelec (Orientelec)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 220.20 | 211.25 | 222.25 | 209.60 | 0.195 times |
| 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 |
Scroll below to view daily charts
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)
Price action analysis of Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Orientelec stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Orientelec in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orientelec 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. Bears are weakening, and bulls are picking up momentum!
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Orientelec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 214.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Orientelec stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Orientelec in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orientelec 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. Bears are weakening, and bulls are picking up momentum!
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Orientelec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 214.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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