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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 2024-11-04 View latest technical analysis

10 day averaged volume of Oriental Trimex is 51383

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	11.34	11.34	11.34	11.34	0.104 times
01 Fri Nov 2024	11.58	11.58	11.58	11.58	0.069 times
31 Thu Oct 2024	11.82	11.82	11.82	11.82	0.084 times
30 Wed Oct 2024	12.07	12.07	12.07	12.07	0.077 times
29 Tue Oct 2024	12.32	12.32	12.32	12.32	0.033 times
28 Mon Oct 2024	12.58	12.58	12.58	12.58	0.063 times
25 Fri Oct 2024	12.84	12.84	12.84	12.84	0.11 times
24 Thu Oct 2024	13.11	13.25	13.45	12.22	2.984 times
23 Wed Oct 2024	12.81	12.20	12.81	12.20	2.074 times
22 Tue Oct 2024	12.20	12.00	12.20	11.12	2.357 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.4, but if it comes above 11.4, then a intra day buy could be more profitable.
If you take a sell trade below 11.4, then use 11.4 as stoploss and 10.3 as target. However if you take a buy trade in stock , then use 11.4 as stoploss and 12.22 as target.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	9.30
Downside Target	10.05
Downside Target	11.10
Downside Target	11.34
Upside Target	11.58
Upside Target	12.58
Upside Target	12.93
Upside Target	13.21
Upside Target	14.05
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	11.34
Downside Intraday Target	11.34
Downside Intraday Target	11.34
Downside Intraday Target	11.34
Downside Intraday Target	11.34

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	11.34	11.34	11.34	11.34	0.317 times
01 Fri Nov 2024	11.58	12.58	12.58	11.58	0.034 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

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
04 Mon Nov 2024	11.34	11.58	11.58	11.34	0.006 times
31 Thu Oct 2024	11.82	14.89	14.94	10.05	0.337 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 12.69 and Oriental Trimex (ORIENTALTL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.