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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 2024-10-07 View latest technical analysis

10 day averaged volume of Oriental Trimex is 99191

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	14.05	14.05	14.05	14.05	0.011 times
04 Fri Oct 2024	14.34	14.34	14.34	14.34	0.06 times
03 Thu Oct 2024	14.64	14.64	14.64	14.64	0.053 times
01 Tue Oct 2024	14.94	14.89	14.94	14.64	2.686 times
30 Mon Sep 2024	14.94	14.94	14.94	14.94	0.088 times
27 Fri Sep 2024	15.25	15.25	15.25	15.25	2.869 times
26 Thu Sep 2024	15.57	15.57	15.57	15.57	0.194 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	0.088 times
23 Mon Sep 2024	16.56	16.80	16.80	16.56	0.676 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 13.8, for a target of 14.8 or 15.65

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	8.10
Downside Target	9.30
Downside Target	10.25
Downside Target	13.21
Downside Target	14.05
Upside Target	14.94
Upside Target	15.25
Upside Target	15.79
Upside Target	16.34
Upside Target	16.80
Upside 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	14.05
Downside Intraday Target	14.05
Downside Intraday Target	14.05
Downside Intraday Target	14.05
Upside Intraday Target	14.05

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	14.05	14.05	14.05	14.05	0.004 times
04 Fri Oct 2024	14.34	14.94	14.94	14.34	0.746 times
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

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
07 Mon Oct 2024	14.05	14.89	14.94	14.05	0.063 times
30 Mon Sep 2024	14.94	17.15	18.00	13.21	3.641 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 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 SELL. Signal strength is Strong 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

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 15.26 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.