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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)

10 day averaged volume of Ortel Communications is 48431

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	1.89	1.89	2.00	1.89	0.121 times
13 Mon Jan 2025	1.99	2.00	2.00	1.94	0.036 times
06 Mon Jan 2025	2.00	2.00	2.00	2.00	0.067 times
30 Mon Dec 2024	2.11	2.23	2.23	2.11	0.136 times
23 Mon Dec 2024	2.23	2.44	2.45	2.23	1.289 times
16 Mon Dec 2024	2.35	2.44	2.44	2.21	0.862 times
09 Mon Dec 2024	2.33	2.27	2.33	2.27	1.257 times
06 Fri Dec 2024	2.22	2.22	2.22	2.01	5.221 times
05 Thu Dec 2024	2.12	2.12	2.12	2.12	0.429 times
04 Wed Dec 2024	2.02	2.02	2.02	2.02	0.513 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.7 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 2.06 as target.

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	1.66
Downside Target	1.74
Downside Target	1.89
Upside Target	1.94
Upside Target	2.00
Upside Target	2.06
Upside Target	2.11
Upside Target	2.15
Upside Target	2.20
Upside Target	2.23
Upside Target	2.45

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.85
Downside Intraday Target	1.82
Upside Intraday Target	1.96
Upside Intraday Target	2.04
Upside Intraday Target	1.93

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	1.89	1.89	2.00	1.89	3.397 times
13 Mon Jan 2025	1.99	2.00	2.00	1.94	0.532 times
06 Mon Jan 2025	2.00	2.00	2.00	2.00	0.494 times
30 Mon Dec 2024	2.11	2.23	2.23	2.11	0.105 times
23 Mon Dec 2024	2.23	2.44	2.45	2.23	1.496 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 Ortel Communications (ORTEL_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	1.89	2.00	2.00	1.89	0.021 times
30 Mon Dec 2024	2.11	1.76	2.45	1.76	18.854 times
25 Mon Nov 2024	1.76	2.15	2.15	1.76	0.148 times
28 Mon Oct 2024	2.05	1.74	2.20	1.74	4.615 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 Ortel Communications (ORTEL_BZ)

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) 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 Ortel Communications ( (ORTEL_BZ) ) 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 Ortel Communications ( (ORTEL_BZ) ) 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 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.

Ortel Communications 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ortel Communications 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

Although the stock is in the SELL zone, but selling 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 2.22 and Ortel Communications (ORTEL_BZ) 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 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 negative.

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