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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 2024-12-12 View latest technical analysis

10 day averaged volume of Oriental Trimex is 159073

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	10.99	10.85	11.60	10.61	3.164 times
11 Wed Dec 2024	11.05	10.09	11.16	10.09	5.839 times
10 Tue Dec 2024	10.63	10.63	10.63	10.63	0.455 times
09 Mon Dec 2024	11.19	11.19	11.19	11.19	0.747 times
06 Fri Dec 2024	11.78	11.88	11.88	11.44	0.428 times
05 Thu Dec 2024	12.05	12.28	12.29	11.76	1.893 times
04 Wed Dec 2024	11.71	11.71	11.71	11.17	0.325 times
03 Tue Dec 2024	11.16	11.16	11.16	11.16	0.14 times
02 Mon Dec 2024	10.63	10.63	10.63	10.63	0.103 times
29 Fri Nov 2024	10.13	10.13	10.13	10.13	0.043 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.3 as stoploss in an intra day sell trade for a target of 10.39. However, stock will show a bullish move above 11.3.

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	10.63
Upside 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	10.19
Downside Intraday Target	9.38
Upside Intraday Target	11.7
Upside Intraday Target	12.4
Downside Intraday Target	10.89

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	10.99	11.19	11.60	10.09	3.533 times
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

Price has moved down 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
12 Thu Dec 2024	10.99	10.63	12.29	10.09	9.224 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Oriental Trimex stock for short term is BUY. Signal strength is Weak 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 getting stronger in this stock.

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 buy signal for Oriental Trimex in short term but BUY signal is weak.

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

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 11.21 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 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.