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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 2024-09-27 View latest technical analysis

10 day averaged volume of Oriental Trimex is 98054

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	15.25	15.25	15.25	15.25	2.903 times
26 Thu Sep 2024	15.57	15.57	15.57	15.57	0.197 times
25 Wed Sep 2024	15.89	15.89	15.89	15.89	0.044 times
24 Tue Sep 2024	16.22	16.22	16.22	16.22	0.089 times
23 Mon Sep 2024	16.56	16.80	16.80	16.56	0.684 times
20 Fri Sep 2024	16.90	16.23	16.90	16.23	3.279 times
19 Thu Sep 2024	16.57	16.57	16.57	16.57	0.212 times
18 Wed Sep 2024	16.91	16.59	16.91	16.30	1.18 times
17 Tue Sep 2024	16.59	16.00	16.59	16.00	1.073 times
16 Mon Sep 2024	16.27	15.96	16.27	15.79	2.09 times

Stock of Oriental Trimex (ORIENTALTL_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15.2 as stoploss in an intra day buy trade for a target of 16.1. However, stock will show a bearish move below 15.2.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	8.00
Downside Target	9.30
Downside Target	10.25
Downside Target	11.90
Downside Target	13.21
Downside Target	14.31
Downside Target	15.25
Upside Target	15.79
Upside Target	16.34
Upside Target	16.80
Upside Target	18.00
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	14.73
Downside Intraday Target	14.22
Upside Intraday Target	16.28
Upside Intraday Target	17.32
Upside Intraday Target	15.77

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	15.25	16.80	16.80	15.25	0.5 times
20 Fri Sep 2024	16.90	15.96	16.91	15.79	0.837 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

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
27 Fri Sep 2024	15.25	17.15	18.00	13.21	3.634 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) based on a short 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.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oriental Trimex in short term but the sell signal is initial and weak.

Oriental Trimex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and the buying is gaining 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 16.3 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 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.