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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 2024-10-28 View latest technical analysis

10 day averaged volume of Oriental Trimex is 117141

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	12.58	12.58	12.58	12.58	0.028 times
25 Fri Oct 2024	12.84	12.84	12.84	12.84	0.048 times
24 Thu Oct 2024	13.11	13.25	13.45	12.22	1.309 times
23 Wed Oct 2024	12.81	12.20	12.81	12.20	0.91 times
22 Tue Oct 2024	12.20	12.00	12.20	11.12	1.034 times
21 Mon Oct 2024	11.62	11.62	11.62	11.10	0.942 times
18 Fri Oct 2024	11.07	10.76	11.07	10.05	0.656 times
17 Thu Oct 2024	10.55	10.65	11.11	10.55	1.872 times
16 Wed Oct 2024	11.11	11.11	11.64	11.11	0.824 times
15 Tue Oct 2024	11.70	11.85	12.14	11.70	0.433 times

My analysis of stock is bearish for shortterm, and stock might move down till 11.6 or till 10.1. Use a stoploss of 12.91 and if the stock hits stoploss, then it can shoot up till 14.18

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	12.58
Upside Target	12.93
Upside Target	13.21
Upside Target	14.05
Upside Target	14.34
Upside Target	14.94
Upside Target	16.34
Upside Target	18.00
Upside Target	19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Intraday Target	12.58
Downside Intraday Target	12.58
Downside Intraday Target	12.58
Downside Intraday Target	12.58
Downside Intraday Target	12.58

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	12.58	12.58	12.58	12.58	0.007 times
25 Fri Oct 2024	12.84	11.62	13.45	11.10	0.737 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

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
28 Mon Oct 2024	12.58	14.89	14.94	10.05	0.335 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 11.74 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 is giving positive 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.