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 2024-10-17 View latest technical analysis

10 day averaged volume of Oriental Trimex is 41630

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	10.55	10.65	11.11	10.55	5.268 times
16 Wed Oct 2024	11.11	11.11	11.64	11.11	2.319 times
15 Tue Oct 2024	11.70	11.85	12.14	11.70	1.218 times
14 Mon Oct 2024	12.32	12.30	12.93	12.29	5.548 times
11 Fri Oct 2024	12.94	12.94	12.94	12.94	0.247 times
10 Thu Oct 2024	13.21	13.21	13.21	13.21	0.14 times
09 Wed Oct 2024	13.48	13.48	13.48	13.48	0.147 times
08 Tue Oct 2024	13.76	13.76	13.76	13.76	0.084 times
07 Mon Oct 2024	14.05	14.05	14.05	14.05	0.026 times
04 Fri Oct 2024	14.34	14.34	14.34	14.34	0.144 times

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

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 10.3, for a target of 12.4 or 14.25

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	10.55
Upside Target	12.93
Upside Target	13.21
Upside Target	14.05
Upside Target	14.34
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	9.76
Downside Intraday Target	8.96
Upside Intraday Target	12.14
Upside Intraday Target	13.72
Upside Intraday Target	11.34

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	10.55	12.30	12.93	10.55	22.273 times
11 Fri Oct 2024	12.94	14.05	14.05	12.94	0.094 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

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
17 Thu Oct 2024	10.55	14.89	14.94	10.55	0.204 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 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 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 and the sell signal is strong.

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 red color and prices are below the red 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

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 11.53 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 negative.

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