Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Orientelec is 32545

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	290.95	284.85	297.15	279.20	1.141 times
30 Tue Jul 2024	282.00	272.00	283.00	272.00	1.065 times
29 Mon Jul 2024	275.95	277.40	282.75	275.00	1.74 times
26 Fri Jul 2024	273.80	271.10	275.25	270.90	0.718 times
25 Thu Jul 2024	272.25	270.45	276.70	270.05	0.695 times
24 Wed Jul 2024	275.40	268.00	278.75	266.10	1.433 times
23 Tue Jul 2024	269.75	270.50	271.05	258.65	1.082 times
22 Mon Jul 2024	270.00	265.00	270.45	258.70	0.472 times
19 Fri Jul 2024	267.65	265.20	271.35	260.00	2.104 times
18 Thu Jul 2024	265.20	264.05	266.55	261.90	0.31 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 287.1, for a target of 278.3 or 271.02

Share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Target	191.50
Downside Target	205.90
Downside Target	213.45
Downside Target	222.80
Downside Target	239.00
Downside Target	255.60
Downside Target	268.00
Downside Target	278.50
Downside Target	278.75
Downside Target	280.95
Downside Target	288.55
Upside Target	297.15

Intraday share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Intraday Target	276.25
Downside Intraday Target	261.55
Upside Intraday Target	301.4
Upside Intraday Target	311.85
Downside Intraday Target	286.7

Weekly technical analysis of Orientelec (Orientelec)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	290.95	277.40	297.15	272.00	0.897 times
26 Fri Jul 2024	273.80	265.00	278.75	258.65	1.207 times
19 Fri Jul 2024	267.65	266.50	271.35	260.00	0.82 times
12 Fri Jul 2024	266.30	274.95	278.50	255.60	1.216 times
05 Fri Jul 2024	270.60	270.00	288.55	268.00	0.362 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
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
31 Fri May 2024	227.10	219.20	239.00	205.90	1.581 times
30 Tue Apr 2024	218.60	194.25	222.80	194.10	1.993 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 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 green color and prices are above the green 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 SELL signal in short term but selling 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 274.87 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.