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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 2024-12-18 View latest technical analysis

10 day averaged volume of Oriental Trimex is 399108

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	9.36	9.50	9.70	9.36	0.351 times
17 Tue Dec 2024	9.86	10.75	10.75	9.86	4.397 times
16 Mon Dec 2024	10.38	10.27	10.69	10.27	0.2 times
13 Fri Dec 2024	10.57	10.72	11.07	10.44	0.281 times
12 Thu Dec 2024	10.99	10.85	11.60	10.61	1.261 times
11 Wed Dec 2024	11.05	10.09	11.16	10.09	2.327 times
10 Tue Dec 2024	10.63	10.63	10.63	10.63	0.181 times
09 Mon Dec 2024	11.19	11.19	11.19	11.19	0.298 times
06 Fri Dec 2024	11.78	11.88	11.88	11.44	0.171 times
05 Thu Dec 2024	12.05	12.28	12.29	11.76	0.754 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 8.6 as target. However if you take a buy trade in stock , then use 9.6 as stoploss and 10.44 as target.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type	Value
Downside Target	9.02
Downside Target	9.21
Upside Target	9.80
Upside Target	10.05
Upside 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	8.9
Downside Intraday Target	8.43
Upside Intraday Target	10.29
Upside Intraday Target	11.21
Upside Intraday Target	9.82

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	9.36	10.27	10.75	9.36	1.138 times
13 Fri Dec 2024	10.57	11.19	11.60	10.09	3.777 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

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
18 Wed Dec 2024	9.36	10.63	12.29	9.36	18.466 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 down 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 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 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 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 getting stronger in this stock.

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 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 10.53 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.