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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 2024-10-30 View latest technical analysis

10 day averaged volume of Orientelec is 50478

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	248.30	245.00	256.25	240.05	0.567 times
29 Tue Oct 2024	244.60	261.05	264.00	240.10	3.11 times
28 Mon Oct 2024	252.35	214.70	252.35	214.70	5.546 times
25 Fri Oct 2024	210.30	215.00	215.00	207.80	0.259 times
24 Thu Oct 2024	213.75	218.00	218.55	212.05	0.125 times
23 Wed Oct 2024	218.20	219.00	220.35	215.90	0.067 times
22 Tue Oct 2024	218.35	225.00	226.85	217.50	0.32 times
21 Mon Oct 2024	225.65	239.00	239.00	224.75	0.196 times
18 Fri Oct 2024	230.80	225.00	234.70	225.00	0.254 times
17 Thu Oct 2024	233.35	231.05	234.50	231.05	0.035 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.4, but if it comes below 243.4, then a intra day sell could be more profitable.
If you take a sell trade below 243.4, then use 243.4 as stoploss and 232.71 as target. However if you take a buy trade in stock , then use 243.4 as stoploss and 256.3 as target.

Share price targets for Orientelec (Orientelec)

Target Type	Value
Downside Target	207.80
Downside Target	214.70
Downside Target	225.00
Downside Target	233.90
Downside Target	246.90
Upside Target	255.60
Upside Target	264.00
Upside Target	270.00
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	220.67
Downside Intraday Target	193.03
Upside Intraday Target	269.97
Upside Intraday Target	291.63
Downside Intraday Target	242.33

Weekly technical analysis of Orientelec (Orientelec)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	248.30	214.70	264.00	214.70	9.528 times
25 Fri Oct 2024	210.30	239.00	239.00	207.80	1.65 times
18 Fri Oct 2024	230.80	239.95	246.90	225.00	0.479 times
11 Fri Oct 2024	236.30	240.00	242.80	228.10	2.279 times
03 Thu Oct 2024	240.00	243.85	244.60	233.90	0.316 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
30 Wed Oct 2024	248.30	240.40	264.00	207.80	2.414 times
30 Mon Sep 2024	240.60	265.05	270.00	235.65	0.387 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Orientelec in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Orientelec 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

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 245.99 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.