Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-04 View latest technical analysis

10 day averaged volume of Ortel Communications is 18494

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2.01	2.15	2.15	1.95	0.538 times
28 Mon Oct 2024	2.05	2.16	2.16	2.05	0.057 times
21 Mon Oct 2024	2.16	2.18	2.18	2.16	0.146 times
14 Mon Oct 2024	2.18	2.20	2.20	2.10	0.531 times
09 Wed Oct 2024	2.20	2.10	2.20	2.10	0.905 times
08 Tue Oct 2024	2.10	2.10	2.10	2.10	0.53 times
07 Mon Oct 2024	2.00	1.81	2.00	1.81	2.8 times
04 Fri Oct 2024	1.91	1.91	1.91	1.91	1.475 times
03 Thu Oct 2024	1.82	1.82	1.82	1.82	0.785 times
01 Tue Oct 2024	1.74	1.74	1.74	1.74	2.668 times

My analysis of stock is bullish for shortterm, and stock might move up till 2.1 or till 2.3. Use a stoploss of 1.97 and if this stock hits its stoploss, then it can fall down till 1.81

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	1.32
Downside Target	1.38
Downside Target	1.65
Downside Target	1.74
Downside Target	1.81
Downside Target	1.95
Upside Target	2.05
Upside Target	2.15
Upside Target	2.16
Upside Target	2.17
Upside Target	2.18
Upside Target	2.20

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.92
Downside Intraday Target	1.84
Upside Intraday Target	2.12
Upside Intraday Target	2.24
Upside Intraday Target	2.04

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2.01	2.15	2.15	1.95	9.46 times
28 Mon Oct 2024	2.05	2.16	2.16	2.05	0.388 times
21 Mon Oct 2024	2.16	2.18	2.18	2.16	0.276 times
14 Mon Oct 2024	2.18	2.20	2.20	2.10	0.125 times
09 Wed Oct 2024	2.20	1.81	2.20	1.81	0.841 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
04 Mon Nov 2024	2.01	2.15	2.15	1.95	0.054 times
28 Mon Oct 2024	2.05	1.74	2.20	1.74	4.615 times
30 Mon Sep 2024	1.66	2.06	2.06	1.66	0.046 times
23 Fri Aug 2024	2.17	1.38	2.17	1.38	7.58 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 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 Ortel Communications ( (ORTEL_BZ) ) based on a short 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.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short to mid 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 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.

Ortel Communications Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

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 1.94 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 is giving positive 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.