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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 2024-11-27 View latest technical analysis

10 day averaged volume of Oriental Trimex is 14580

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	9.75	9.75	9.75	9.75	0.55 times
26 Tue Nov 2024	9.56	9.38	9.56	9.38	1.331 times
25 Mon Nov 2024	9.38	9.02	9.38	9.02	0.964 times
22 Fri Nov 2024	9.21	9.35	9.35	9.21	0.534 times
21 Thu Nov 2024	9.40	9.55	9.55	9.40	1.002 times
19 Tue Nov 2024	9.60	9.60	9.60	9.60	0.814 times
18 Mon Nov 2024	9.80	9.80	9.80	9.80	0.926 times
14 Thu Nov 2024	10.00	9.82	10.00	9.82	1.573 times
13 Wed Nov 2024	9.81	9.81	9.81	9.81	0.785 times
12 Tue Nov 2024	10.02	10.02	10.02	10.02	1.593 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.5 as stoploss in an intra day buy trade for a target of 10.45. However, stock will show a bearish move below 9.5.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	7.75
Downside Target	9.02
Downside Target	9.21
Downside Target	9.75
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	9.26
Downside Intraday Target	8.78
Upside Intraday Target	9.99
Upside Intraday Target	10.24
Downside Intraday Target	9.51

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	9.75	9.02	9.75	9.02	0.869 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
27 Wed Nov 2024	9.75	11.58	11.58	9.02	0.144 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 9.7 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 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.