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(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 2024-04-12 View latest technical analysis

10 day averaged volume of Oriental Trimex is 44636

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	9.50	9.50	9.50	9.50	0.182 times
10 Wed Apr 2024	9.70	9.70	9.70	9.70	0.121 times
09 Tue Apr 2024	9.90	9.90	9.90	9.90	0.087 times
08 Mon Apr 2024	10.10	10.25	10.25	9.90	1.126 times
05 Fri Apr 2024	9.85	9.95	10.05	9.25	1.1 times
04 Thu Apr 2024	9.65	9.75	9.75	9.30	1.357 times
03 Wed Apr 2024	9.50	9.50	9.55	8.65	1.956 times
02 Tue Apr 2024	9.10	9.10	9.10	8.80	0.626 times
01 Mon Apr 2024	8.70	8.50	8.70	8.10	0.459 times
28 Thu Mar 2024	8.30	8.70	8.75	8.15	0.825 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.6 as stoploss in an intra day sell trade for a target of 9.07. However, stock will show a bullish move above 9.6.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	8.00
Downside Target	8.40
Downside Target	9.20
Downside Target	9.45
Upside Target	10.05
Upside Target	10.35
Upside Target	10.70
Upside Target	11.05
Upside Target	11.90
Upside Target	12.65
Upside Target	12.70
Upside Target	13.40

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	9.25
Downside Intraday Target	9
Upside Intraday Target	10
Upside Intraday Target	10.5
Upside Intraday Target	9.75

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	9.50	10.25	10.25	9.50	0.276 times
05 Fri Apr 2024	9.85	8.50	10.05	8.10	1.161 times
28 Thu Mar 2024	8.30	9.45	9.45	8.15	0.845 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

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
12 Fri Apr 2024	9.50	8.50	10.25	8.10	0.241 times
28 Thu Mar 2024	8.30	11.90	11.90	8.00	1.819 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

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 Oriental Trimex (ORIENTALTL_BE)

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Oriental Trimex 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.

Oriental Trimex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Oriental Trimex in short term but SELL signal is weak.

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

Stock of Oriental Trimex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.46 and Oriental Trimex (ORIENTALTL_BE) 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 Oriental Trimex (ORIENTALTL_BE) stock. Volume based technical analysis of Oriental Trimex (ORIENTALTL_BE) stock is negative.

Oriental Trimex 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.