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 2024-08-28 View latest technical analysis

10 day averaged volume of Oriental Trimex is 37943

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	18.11	19.00	19.04	18.08	25.238 times
24 Fri May 2024	8.95	8.85	9.10	8.80	0.857 times
23 Thu May 2024	8.85	8.95	9.25	8.70	1.258 times
22 Wed May 2024	8.95	9.25	9.25	8.65	1.373 times
21 Tue May 2024	8.90	9.05	9.15	8.90	0.826 times
18 Sat May 2024	9.05	9.30	9.30	8.65	0.918 times
17 Fri May 2024	9.05	8.70	9.10	8.55	1.266 times
16 Thu May 2024	8.85	9.20	9.30	8.80	0.665 times
15 Wed May 2024	9.00	8.65	9.00	8.20	1.238 times
14 Tue May 2024	8.60	8.60	8.60	8.10	0.413 times

Stock of Oriental Trimex (ORIENTALTL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 13.7, for a target of 11.2 or 9.15

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	8.00
Downside Target	8.65
Downside Target	9.25
Downside Target	10.25
Downside Target	11.05
Downside Target	11.90
Downside Target	12.70
Downside Target	18.08
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	17.78
Downside Intraday Target	17.45
Upside Intraday Target	18.74
Upside Intraday Target	19.37
Upside Intraday Target	18.41

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	18.11	19.00	19.04	18.08	5.849 times
24 Fri May 2024	8.95	9.05	9.25	8.65	0.759 times
18 Sat May 2024	9.05	8.10	9.30	7.75	4.059 times
10 Fri May 2024	8.05	8.75	8.75	8.00	1.141 times
03 Fri May 2024	8.75	8.75	8.85	8.65	0.697 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 Oriental Trimex (ORIENTALTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	18.11	19.00	19.04	18.08	2.12 times
24 Fri May 2024	8.95	8.70	9.30	7.75	1.021 times
30 Tue Apr 2024	8.65	8.50	10.25	8.10	0.34 times
28 Thu Mar 2024	8.30	11.90	11.90	8.00	1.819 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 Oriental Trimex (ORIENTALTL_BE)

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Oriental Trimex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Oriental Trimex 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.

Oriental Trimex 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 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 15.74 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.