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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 2024-09-05 View latest technical analysis

10 day averaged volume of Oriental Trimex is 322736

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	14.31	13.99	14.31	13.21	0.336 times
04 Wed Sep 2024	17.57	17.70	17.99	17.06	0.906 times
03 Tue Sep 2024	17.96	16.95	18.00	16.29	2.016 times
02 Mon Sep 2024	17.15	17.15	17.15	15.70	2.813 times
30 Fri Aug 2024	16.34	16.34	16.65	16.34	0.292 times
29 Thu Aug 2024	17.20	17.75	17.75	17.20	0.499 times
28 Wed Aug 2024	18.11	19.00	19.04	18.08	2.967 times
24 Fri May 2024	8.95	8.85	9.10	8.80	0.101 times
23 Thu May 2024	8.85	8.95	9.25	8.70	0.148 times
22 Wed May 2024	8.95	9.25	9.25	8.65	0.161 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 15.6 as stoploss in an intra day sell trade for a target of 11.58. However, stock will show a bullish move above 15.6.

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	11.90
Downside Target	13.21
Upside Target	16.34
Upside Target	18.00
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	12.35
Downside Intraday Target	10.38
Upside Intraday Target	17.14
Upside Intraday Target	19.96
Upside Intraday Target	15.17

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	14.31	17.15	18.00	13.21	1.615 times
30 Fri Aug 2024	16.34	19.00	19.04	16.34	7.408 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

Price has moved down 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
05 Thu Sep 2024	14.31	17.15	18.00	13.21	1.615 times
30 Fri Aug 2024	16.34	19.00	19.04	16.34	2.684 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

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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Oriental Trimex in short term and the buy signal is strong.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Oriental Trimex in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 17.18 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 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.