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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 10240

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	245.40	246.00	250.10	239.25	2.616 times
24 Tue Sep 2024	247.65	258.00	258.00	246.20	1.149 times
23 Mon Sep 2024	253.20	246.05	254.20	246.05	1.844 times
20 Fri Sep 2024	248.70	251.00	252.75	247.15	1.22 times
19 Thu Sep 2024	251.00	245.05	254.00	242.70	1.596 times
18 Wed Sep 2024	249.40	246.85	255.75	246.60	0.618 times
17 Tue Sep 2024	251.25	252.95	255.15	249.75	0.945 times
16 Mon Sep 2024	252.95	256.00	259.15	252.35	1.288 times
13 Fri Sep 2024	255.70	259.00	259.00	252.50	0.348 times
12 Thu Sep 2024	253.90	265.80	265.80	253.35	0.35 times

Stock of Orientelec (Orientelec) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 250.2, but if it comes above 250.2, then a intra day buy could be more profitable.
If you take a sell trade below 250.2, then use 250.2 as stoploss and 241.4 as target. However if you take a buy trade in stock , then use 250.2 as stoploss and 257.57 as target.

Share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Target	205.90
Downside Target	216.20
Downside Target	239.00
Upside Target	252.05
Upside Target	259.35
Upside Target	269.65
Upside Target	270.00
Upside Target	275.00
Upside Target	280.95
Upside Target	291.65
Upside Target	297.15

Intraday share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Intraday Target	237.1
Downside Intraday Target	228.8
Upside Intraday Target	255.85
Upside Intraday Target	266.3
Upside Intraday Target	247.55

Weekly technical analysis of Orientelec (Orientelec)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	245.40	246.05	258.00	239.25	0.99 times
20 Fri Sep 2024	248.70	256.00	259.15	242.70	1.16 times
13 Fri Sep 2024	255.70	256.00	269.65	252.05	0.818 times
06 Fri Sep 2024	261.05	265.05	270.00	258.85	0.45 times
30 Fri Aug 2024	269.65	272.10	275.00	259.35	1.242 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
25 Wed Sep 2024	245.40	265.05	270.00	239.25	0.337 times
30 Fri Aug 2024	269.65	290.60	291.65	244.30	1.03 times
31 Wed Jul 2024	290.95	270.00	297.15	255.60	0.568 times
28 Fri Jun 2024	269.90	229.00	280.95	216.20	0.974 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 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 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 weakening, and bulls are picking up momentum!

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 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 249.93 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.