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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 2024-07-29 View latest technical analysis

10 day averaged volume of Ortel Communications is 45100

Date Daily Closing Price Open High Low Volume
29 Mon Jul 2024 1.32 1.32 1.45 1.32 2.007 times
22 Mon Jul 2024 1.39 1.39 1.39 1.39 0.26 times
15 Mon Jul 2024 1.47 1.47 1.47 1.47 0.059 times
08 Mon Jul 2024 1.55 1.65 1.65 1.50 0.146 times
01 Mon Jul 2024 1.58 1.58 1.58 1.58 0.026 times
24 Mon Jun 2024 1.67 1.67 1.67 1.67 1.012 times
18 Tue Jun 2024 1.76 1.95 1.95 1.76 0.836 times
13 Thu Jun 2024 1.86 1.86 1.86 1.86 2.13 times
12 Wed Jun 2024 1.78 1.78 1.78 1.78 0.971 times
11 Tue Jun 2024 1.70 1.70 1.70 1.70 0.662 times

Stock of Ortel Communications (ORTEL_BZ) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.4, but if it comes above 1.4, then a intra day buy could be more profitable.
If you take a sell trade below 1.4, then use 1.4 as stoploss and 1.2 as target. However if you take a buy trade in stock , then use 1.4 as stoploss and 1.52 as target.

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type Value
Downside Target 0.95
Downside Target 1.00
Downside Target 1.15
Downside Target 1.25
Downside Target 1.32
Upside Target 1.35
Upside Target 1.39
Upside Target 1.45
Upside Target 1.50
Upside Target 1.58
Upside Target 1.65
Upside Target 1.95

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type Value
Downside Intraday Target 1.28
Downside Intraday Target 1.23
Upside Intraday Target 1.41
Upside Intraday Target 1.49
Upside Intraday Target 1.36

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date Weekly Closing Price Open High Low Volume
29 Mon Jul 2024 1.32 1.32 1.45 1.32 7.733 times
22 Mon Jul 2024 1.39 1.39 1.39 1.39 4.424 times
15 Mon Jul 2024 1.47 1.47 1.47 1.47 0.401 times
08 Mon Jul 2024 1.55 1.65 1.65 1.50 5.673 times
01 Mon Jul 2024 1.58 1.58 1.58 1.58 0.025 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
29 Mon Jul 2024 1.32 1.58 1.65 1.32 0.214 times
24 Mon Jun 2024 1.67 1.35 1.95 1.35 5.349 times
27 Mon May 2024 1.30 1.30 1.45 1.25 1.079 times
29 Mon Apr 2024 1.30 1.00 1.35 0.95 6.827 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.65 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 positive

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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.65 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 positive

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

Click here for Ortel Communications charts

Click here for further forecast and predictions for tomorrow

Daily charts

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