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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 2024-11-25 View latest technical analysis

10 day averaged volume of Oriental Trimex is 14074

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	9.38	9.02	9.38	9.02	0.999 times
22 Fri Nov 2024	9.21	9.35	9.35	9.21	0.553 times
21 Thu Nov 2024	9.40	9.55	9.55	9.40	1.038 times
19 Tue Nov 2024	9.60	9.60	9.60	9.60	0.843 times
18 Mon Nov 2024	9.80	9.80	9.80	9.80	0.959 times
14 Thu Nov 2024	10.00	9.82	10.00	9.82	1.63 times
13 Wed Nov 2024	9.81	9.81	9.81	9.81	0.813 times
12 Tue Nov 2024	10.02	10.02	10.02	10.02	1.65 times
11 Mon Nov 2024	10.23	10.23	10.23	10.23	0.496 times
08 Fri Nov 2024	10.44	10.66	10.66	10.44	0.874 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.6, but if it comes above 9.6, then a intra day buy could be more profitable.
If you take a sell trade below 9.6, then use 9.6 as stoploss and 8.3 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.75 as target.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	9.02
Downside Target	9.21
Upside Target	9.80
Upside Target	10.05
Upside Target	10.44
Upside Target	11.34
Upside Target	11.58
Upside Target	12.58
Upside Target	13.21
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	9.14
Downside Intraday Target	8.9
Upside Intraday Target	9.5
Upside Intraday Target	9.62
Downside Intraday Target	9.26

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	9.38	9.02	9.38	9.02	0.294 times
22 Fri Nov 2024	9.21	9.80	9.80	9.21	0.739 times
14 Thu Nov 2024	10.00	10.23	10.23	9.81	1.129 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

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
25 Mon Nov 2024	9.38	11.58	11.58	9.02	0.126 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 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 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 9.81 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.