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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 2024-08-29 View latest technical analysis

10 day averaged volume of Oriental Trimex is 129208

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	17.20	17.75	17.75	17.20	1.246 times
28 Wed Aug 2024	18.11	19.00	19.04	18.08	7.411 times
24 Fri May 2024	8.95	8.85	9.10	8.80	0.252 times
23 Thu May 2024	8.85	8.95	9.25	8.70	0.369 times
22 Wed May 2024	8.95	9.25	9.25	8.65	0.403 times
21 Tue May 2024	8.90	9.05	9.15	8.90	0.242 times
18 Sat May 2024	9.05	9.30	9.30	8.65	0.27 times
17 Fri May 2024	9.05	8.70	9.10	8.55	0.372 times
16 Thu May 2024	8.85	9.20	9.30	8.80	0.195 times
15 Wed May 2024	9.00	8.65	9.00	8.20	0.363 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 15.5, for a target of 12.3 or 9.57

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	17.20
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	16.59
Downside Intraday Target	15.97
Upside Intraday Target	18.43
Upside Intraday Target	19.65
Upside Intraday Target	17.81

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	17.20	19.00	19.04	17.20	6.832 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
29 Thu Aug 2024	17.20	19.00	19.04	17.20	2.476 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 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 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 losing 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 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 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 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 15.98 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.