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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 2024-12-06 View latest technical analysis

10 day averaged volume of Oriental Trimex is 45193

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.78	11.88	11.88	11.44	1.506 times
05 Thu Dec 2024	12.05	12.28	12.29	11.76	6.662 times
04 Wed Dec 2024	11.71	11.71	11.71	11.17	1.143 times
03 Tue Dec 2024	11.16	11.16	11.16	11.16	0.493 times
02 Mon Dec 2024	10.63	10.63	10.63	10.63	0.364 times
29 Fri Nov 2024	10.13	10.13	10.13	10.13	0.153 times
28 Thu Nov 2024	9.94	9.94	9.94	9.94	0.095 times
27 Wed Nov 2024	9.75	9.75	9.75	9.75	0.178 times
26 Tue Nov 2024	9.56	9.38	9.56	9.38	0.429 times
25 Mon Nov 2024	9.38	9.02	9.38	9.02	0.311 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12, for a target of 11.1 or 10.26

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	9.02
Downside Target	9.21
Downside Target	9.80
Downside Target	10.05
Downside Target	10.44
Downside Target	11.34
Downside Target	11.58
Upside Target	12.29
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	10.84
Downside Intraday Target	9.91
Upside Intraday Target	12.5
Upside Intraday Target	13.23
Downside Intraday Target	11.57

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.78	10.63	12.29	10.63	8.719 times
29 Fri Nov 2024	10.13	9.02	10.13	9.02	1.104 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	11.78	10.63	12.29	10.63	2.035 times
29 Fri Nov 2024	10.13	11.58	11.58	9.02	0.152 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Oriental Trimex stock for short term is BUY. 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 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 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 11.65 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 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 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.