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

(ORIENTALTL_BE) Oriental Trimex complete technical analysis [charts+indicators] | Buy/Sell Oriental Trimex | (ORIENTALTL_BE) share price targets

Complete technical analysis of Oriental Trimex (ORIENTALTL_BE) by charts plus indicators, forecast predictions and share price targets for Oriental Trimex (ORIENTALTL_BE)

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Oriental Trimex is 60198

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	8.75	9.45	9.45	8.60	1.164 times
22 Fri Mar 2024	9.00	8.65	9.05	8.60	1.039 times
21 Thu Mar 2024	8.65	8.65	8.95	8.50	0.963 times
20 Wed Mar 2024	8.65	8.65	8.90	8.50	0.569 times
19 Tue Mar 2024	8.85	8.80	9.00	8.60	0.567 times
18 Mon Mar 2024	8.80	8.40	9.20	8.40	1.016 times
15 Fri Mar 2024	8.80	8.10	8.80	8.00	1.697 times
14 Thu Mar 2024	8.40	8.40	8.40	8.40	1.509 times
13 Wed Mar 2024	8.80	8.80	8.80	8.80	1.235 times
12 Tue Mar 2024	9.25	9.25	9.25	9.25	0.599 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.7 as stoploss in an intra day buy trade for a target of 9.82. However, stock will show a bearish move below 8.7.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	8.00
Downside Target	8.40
Downside Target	8.60
Upside Target	9.20
Upside Target	9.45
Upside Target	9.80
Upside Target	10.10
Upside Target	10.35
Upside Target	10.70
Upside Target	11.00
Upside Target	11.70
Upside Target	12.65
Upside Target	12.70
Upside Target	13.40
Upside Target	13.75

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	8.42
Downside Intraday Target	8.08
Upside Intraday Target	9.27
Upside Intraday Target	9.78
Upside Intraday Target	8.93

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	8.75	9.45	9.45	8.60	0.28 times
22 Fri Mar 2024	9.00	8.40	9.20	8.40	0.711 times
15 Fri Mar 2024	8.80	10.10	10.10	8.00	0.839 times
07 Thu Mar 2024	10.20	11.40	11.70	9.80	0.775 times
02 Sat Mar 2024	11.40	11.15	11.90	11.00	1.483 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 Oriental Trimex (ORIENTALTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	8.75	11.90	11.90	8.00	1.621 times
29 Thu Feb 2024	11.40	12.70	12.70	11.05	0.73 times
28 Mon Mar 2022	10.85	11.30	12.65	10.70	0.594 times
28 Mon Feb 2022	11.75	13.40	13.40	10.35	0.394 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Oriental Trimex (ORIENTALTL_BE)

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Oriental Trimex 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.

Oriental Trimex 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Oriental Trimex in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Oriental Trimex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.76 and Oriental Trimex (ORIENTALTL_BE) 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 Oriental Trimex (ORIENTALTL_BE) stock. Volume based technical analysis of Oriental Trimex (ORIENTALTL_BE) stock is negative.

Oriental Trimex 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.