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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 2024-11-25 View latest technical analysis

10 day averaged volume of Ortel Communications is 14083

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	1.76	1.85	1.85	1.76	0.385 times
18 Mon Nov 2024	1.86	2.00	2.00	1.86	0.195 times
11 Mon Nov 2024	1.96	2.01	2.01	1.93	0.638 times
04 Mon Nov 2024	2.01	2.15	2.15	1.95	0.706 times
28 Mon Oct 2024	2.05	2.16	2.16	2.05	0.075 times
21 Mon Oct 2024	2.16	2.18	2.18	2.16	0.192 times
14 Mon Oct 2024	2.18	2.20	2.20	2.10	0.697 times
09 Wed Oct 2024	2.20	2.10	2.20	2.10	1.188 times
08 Tue Oct 2024	2.10	2.10	2.10	2.10	0.696 times
07 Mon Oct 2024	2.00	1.81	2.00	1.81	3.677 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.8, but if it comes above 1.8, then a intra day buy could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 1.96 as target.

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
Upside Target	1.85
Upside Target	1.93
Upside Target	2.00
Upside Target	2.06
Upside Target	2.15
Upside Target	2.16
Upside Target	2.17
Upside Target	2.20

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.73
Downside Intraday Target	1.7
Upside Intraday Target	1.82
Upside Intraday Target	1.88
Upside Intraday Target	1.79

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	1.76	1.85	1.85	1.76	1.972 times
18 Mon Nov 2024	1.86	2.00	2.00	1.86	0.306 times
11 Mon Nov 2024	1.96	2.01	2.01	1.93	0.904 times
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

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
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
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 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 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 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 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 2.04 and Ortel Communications (ORTEL_BZ) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.