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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 2024-10-21 View latest technical analysis

10 day averaged volume of Oriental Trimex is 70120

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	11.62	11.62	11.62	11.10	1.574 times
18 Fri Oct 2024	11.07	10.76	11.07	10.05	1.096 times
17 Thu Oct 2024	10.55	10.65	11.11	10.55	3.128 times
16 Wed Oct 2024	11.11	11.11	11.64	11.11	1.377 times
15 Tue Oct 2024	11.70	11.85	12.14	11.70	0.723 times
14 Mon Oct 2024	12.32	12.30	12.93	12.29	3.294 times
11 Fri Oct 2024	12.94	12.94	12.94	12.94	0.147 times
10 Thu Oct 2024	13.21	13.21	13.21	13.21	0.083 times
09 Wed Oct 2024	13.48	13.48	13.48	13.48	0.087 times
08 Tue Oct 2024	13.76	13.76	13.76	13.76	0.05 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 9.8 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 13.71 as target.

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	10.05
Downside Target	11.10
Downside Target	11.62
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	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	11.27
Downside Intraday Target	10.93
Upside Intraday Target	11.79
Upside Intraday Target	11.97
Downside Intraday Target	11.45

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	11.62	11.62	11.62	11.10	0.164 times
18 Fri Oct 2024	11.07	12.30	12.93	10.05	25.138 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

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
21 Mon Oct 2024	11.62	14.89	14.94	10.05	0.247 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Oriental Trimex in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 11.47 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 rising upwards.

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.