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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 2024-08-05 View latest technical analysis

10 day averaged volume of Ortel Communications is 30801

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1.51	1.51	1.51	1.51	6.161 times
02 Fri Aug 2024	1.44	1.44	1.44	1.44	0.284 times
01 Thu Aug 2024	1.38	1.38	1.38	1.38	0.232 times
29 Mon Jul 2024	1.32	1.32	1.45	1.32	2.939 times
22 Mon Jul 2024	1.39	1.39	1.39	1.39	0.38 times
15 Mon Jul 2024	1.47	1.47	1.47	1.47	0.086 times
08 Mon Jul 2024	1.55	1.65	1.65	1.50	0.214 times
01 Mon Jul 2024	1.58	1.58	1.58	1.58	0.038 times
24 Mon Jun 2024	1.67	1.67	1.67	1.67	1.482 times
18 Tue Jun 2024	1.76	1.95	1.95	1.76	1.224 times

Stock of Ortel Communications (ORTEL_BZ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1.4 or till 1.2. Use a stoploss of 1.53 and if the stock hits stoploss, then it can shoot up till 1.69

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	0.95
Downside Target	1.25
Downside Target	1.32
Downside Target	1.35
Downside Target	1.38
Downside Target	1.45
Downside Target	1.50
Downside Target	1.51
Upside Target	1.65
Upside Target	1.95

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.51
Downside Intraday Target	1.51
Downside Intraday Target	1.51
Downside Intraday Target	1.51
Downside Intraday Target	1.51

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1.51	1.51	1.51	1.51	1.783 times
02 Fri Aug 2024	1.44	1.32	1.45	1.32	9.093 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

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 Mon Aug 2024	1.51	1.38	1.51	1.38	1.826 times
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

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 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 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 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Ortel Communications in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 1.5 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.