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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 2024-11-12 View latest technical analysis

10 day averaged volume of Oriental Trimex is 7774

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	10.02	10.02	10.02	10.02	2.987 times
11 Mon Nov 2024	10.23	10.23	10.23	10.23	0.898 times
08 Fri Nov 2024	10.44	10.66	10.66	10.44	1.582 times
07 Thu Nov 2024	10.66	10.88	10.88	10.66	2.07 times
06 Wed Nov 2024	10.88	11.11	11.11	10.88	2.06 times
05 Tue Nov 2024	11.11	11.12	11.12	11.11	0.964 times
04 Mon Nov 2024	11.34	11.34	11.34	11.34	0.684 times
01 Fri Nov 2024	11.58	11.58	11.58	11.58	0.455 times
31 Thu Oct 2024	11.82	11.82	11.82	11.82	0.557 times
30 Wed Oct 2024	12.07	12.07	12.07	12.07	0.507 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.6, but if it comes above 10.6, then a intra day buy could be more profitable.
If you take a sell trade below 10.6, then use 10.6 as stoploss and 9.5 as target. However if you take a buy trade in stock , then use 10.6 as stoploss and 11.52 as target.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	9.30
Downside Target	10.02
Upside Target	10.44
Upside Target	11.10
Upside Target	11.34
Upside Target	11.58
Upside Target	12.58
Upside Target	12.93
Upside Target	13.21
Upside Target	13.45
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	9.95
Downside Intraday Target	9.88
Upside Intraday Target	10.16
Upside Intraday Target	10.3
Upside Intraday Target	10.09

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	10.02	10.23	10.23	10.02	0.528 times
08 Fri Nov 2024	10.44	11.34	11.34	10.44	3.408 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

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
12 Tue Nov 2024	10.02	11.58	11.58	10.02	0.061 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 weakening, and bulls are picking up momentum!

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 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 10.7 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.