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(ORTEL_BZ) Ortel Communications complete technical analysis [charts+indicators] | Buy/Sell Ortel Communications | (ORTEL_BZ) share price targets

Complete technical analysis of Ortel Communications (ORTEL_BZ) by charts plus indicators, forecast predictions and share price targets for Ortel Communications (ORTEL_BZ)

Showing technical analysis as on 2024-04-05 View latest technical analysis

10 day averaged volume of Ortel Communications is 13464

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1.25	1.25	1.25	1.25	0.871 times
04 Thu Apr 2024	1.20	1.15	1.20	1.15	0.176 times
03 Wed Apr 2024	1.15	1.15	1.15	1.15	0.083 times
02 Tue Apr 2024	1.10	1.10	1.10	1.10	0.371 times
01 Mon Apr 2024	1.05	1.00	1.05	0.95	1.068 times
26 Tue Mar 2024	1.00	1.00	1.00	1.00	0.149 times
18 Mon Mar 2024	1.05	1.05	1.05	1.05	0.286 times
11 Mon Mar 2024	1.10	1.15	1.15	1.10	0.414 times
04 Mon Mar 2024	1.15	1.15	1.15	1.15	0.142 times
26 Mon Feb 2024	1.20	1.20	1.20	1.20	6.039 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.2, but if it comes below 1.2, then a intra day sell could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.13 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.3 as target.

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	0.95
Downside Target	1.00
Downside Target	1.05
Downside Target	1.10
Downside Target	1.15
Downside Target	1.20
Downside Target	1.25
Upside Target	1.35

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.05
Downside Intraday Target	0.85
Upside Intraday Target	1.35
Upside Intraday Target	1.45
Downside Intraday Target	1.15

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1.25	1.00	1.25	0.95	5.9 times
26 Tue Mar 2024	1.00	1.05	1.05	1.00	1.052 times
11 Mon Mar 2024	1.10	1.15	1.15	1.10	2.917 times
04 Mon Mar 2024	1.15	1.15	1.15	1.15	0.023 times
26 Mon Feb 2024	1.20	1.20	1.20	1.20	4.751 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 Ortel Communications (ORTEL_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1.25	1.00	1.25	0.95	2.592 times
26 Tue Mar 2024	1.00	1.15	1.15	1.00	0.051 times
26 Mon Feb 2024	1.20	1.00	1.35	1.00	8.932 times
29 Mon Jan 2024	0.95	1.05	1.10	0.95	0.451 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 Ortel Communications (ORTEL_BZ)

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) 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 Ortel Communications ( (ORTEL_BZ) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) 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 Ortel Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ortel Communications in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ortel Communications Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ortel Communications in short term and BUY signal is strong.

RSI is generating a SELL signal in short term

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ortel Communications is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.17 and Ortel Communications (ORTEL_BZ) 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 Ortel Communications (ORTEL_BZ) stock. Volume based technical analysis of Ortel Communications (ORTEL_BZ) stock is negative.

Ortel Communications Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.