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 2024-09-18 View latest technical analysis

10 day averaged volume of Oriental Trimex is 200623

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	16.91	16.59	16.91	16.30	0.577 times
17 Tue Sep 2024	16.59	16.00	16.59	16.00	0.524 times
16 Mon Sep 2024	16.27	15.96	16.27	15.79	1.022 times
13 Fri Sep 2024	15.96	15.65	15.96	15.33	0.563 times
12 Thu Sep 2024	15.65	15.04	15.65	15.04	1.045 times
11 Wed Sep 2024	15.35	15.00	15.35	14.95	0.755 times
10 Tue Sep 2024	15.05	15.03	15.05	15.03	0.798 times
09 Mon Sep 2024	15.34	15.00	15.76	14.31	1.413 times
06 Fri Sep 2024	15.01	14.75	15.02	13.59	1.882 times
05 Thu Sep 2024	14.31	13.99	14.31	13.21	0.54 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 17.9 as stoploss in an intra day sell trade for a target of 14.82. However, stock will show a bullish move above 17.9.

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
Downside Target	14.31
Downside Target	15.79
Downside Target	16.34
Downside Target	16.91
Upside Target	18.00
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	16.16
Downside Intraday Target	15.42
Upside Intraday Target	17.28
Upside Intraday Target	17.66
Downside Intraday Target	16.54

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	16.91	15.96	16.91	15.79	0.464 times
13 Fri Sep 2024	15.96	15.00	15.96	14.31	0.393 times
06 Fri Sep 2024	15.01	17.15	18.00	13.21	1.927 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

Price has moved up 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
18 Wed Sep 2024	16.91	17.15	18.00	13.21	3.035 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 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 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 15.54 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 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 positive

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