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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 13823

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	1.10	1.10	1.10	1.00	2.44 times
29 Wed Nov 2023	1.05	1.05	1.05	1.00	2.571 times
28 Tue Nov 2023	1.00	1.00	1.00	0.95	2.092 times
24 Fri Nov 2023	0.95	0.95	0.95	0.85	1.146 times
23 Thu Nov 2023	0.90	0.90	0.95	0.90	1.196 times
22 Wed Nov 2023	0.95	0.90	0.95	0.90	0.129 times
21 Tue Nov 2023	0.90	0.95	0.95	0.90	0.906 times
20 Mon Nov 2023	0.95	0.95	1.05	0.95	0.158 times
17 Fri Nov 2023	1.00	1.00	1.00	0.90	0.71 times
16 Thu Nov 2023	0.95	0.95	0.95	0.95	0.809 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1.1, for a target of 1 or 0.95

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	0.75
Downside Target	0.80
Downside Target	0.85
Downside Target	0.95
Downside Target	1.00
Downside Target	1.05
Downside Target	1.10

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1
Downside Intraday Target	0.9
Upside Intraday Target	1.15
Upside Intraday Target	1.2
Downside Intraday Target	1.05

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	1.10	1.00	1.10	0.95	2.009 times
24 Fri Nov 2023	0.95	0.95	1.05	0.85	1.674 times
17 Fri Nov 2023	1.00	0.85	1.00	0.80	0.789 times
10 Fri Nov 2023	0.85	0.95	0.95	0.85	0.761 times
03 Fri Nov 2023	0.95	0.85	0.95	0.80	17.145 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
30 Thu Nov 2023	1.10	0.90	1.10	0.80	2.762 times
31 Tue Oct 2023	0.90	0.95	1.00	0.80	0.372 times
29 Fri Sep 2023	0.95	0.95	1.00	0.85	1.033 times
31 Thu Aug 2023	0.95	1.05	1.10	0.80	0.634 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Ortel Communications in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ortel Communications Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Ortel Communications in short term and BUY signal is strong.

RSI is generating a SELL signal in short term

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 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 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 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.