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(ORICONENT) Oricon Enterprises complete technical analysis [charts+indicators] | Buy/Sell Oricon Enterprises | (ORICONENT) share price targets

Complete technical analysis of Oricon Enterprises (ORICONENT) by charts plus indicators, forecast predictions and share price targets for Oricon Enterprises (ORICONENT)

Oricon Enterprises trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-05-22 View latest technical analysis

10 day averaged volume of Oricon Enterprises is 301648

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	38.00	38.15	38.60	37.70	0.701 times
21 Tue May 2024	38.10	38.35	39.10	37.90	0.593 times
18 Sat May 2024	38.80	38.50	39.45	38.10	0.229 times
17 Fri May 2024	38.50	38.30	38.85	38.20	0.715 times
16 Thu May 2024	38.10	37.90	40.70	37.60	3.336 times
15 Wed May 2024	37.55	37.90	37.95	37.35	0.437 times
14 Tue May 2024	37.30	36.45	37.50	36.35	0.548 times
13 Mon May 2024	36.05	37.80	37.80	35.85	1.009 times
10 Fri May 2024	37.35	36.50	37.70	35.90	0.965 times
09 Thu May 2024	36.20	37.60	37.85	36.00	1 times

My analysis of stock is bearish for shortterm, and stock might move down till 36.9 or till 34.6. Use a stoploss of 38.83 and if the stock hits stoploss, then it can shoot up till 40.77

Share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Target	30.00
Downside Target	33.70
Downside Target	35.85
Downside Target	37.70
Upside Target	38.65
Upside Target	40.20
Upside Target	41.30
Upside Target	41.65
Upside Target	42.90
Upside Target	43.35
Upside Target	44.75
Upside Target	48.15
Upside Target	49.30

Intraday share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Intraday Target	37.43
Downside Intraday Target	36.87
Upside Intraday Target	38.83
Upside Intraday Target	39.67
Upside Intraday Target	38.27

Weekly technical analysis of Oricon Enterprises (ORICONENT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	38.00	38.35	39.10	37.70	0.206 times
18 Sat May 2024	38.80	37.80	40.70	35.85	0.987 times
10 Fri May 2024	37.35	39.80	40.20	35.90	0.921 times
03 Fri May 2024	39.30	42.00	43.35	38.65	0.39 times
26 Fri Apr 2024	41.55	44.00	44.75	41.30	0.241 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Oricon Enterprises (ORICONENT)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	38.00	40.65	41.00	35.85	0.11 times
30 Tue Apr 2024	40.45	36.50	48.15	36.50	5.893 times
28 Thu Mar 2024	36.30	39.00	41.65	30.00	0.264 times
29 Thu Feb 2024	38.85	39.80	49.30	36.70	1.355 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 Oricon Enterprises (ORICONENT)

Price action analysis of Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises ( (ORICONENT) ) 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 Oricon Enterprises stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Oricon Enterprises in short term but the buy signal is initial and weak.

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

Oricon Enterprises Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Oricon Enterprises in short term but SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Oricon Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.58 and Oricon Enterprises (ORICONENT) 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 Oricon Enterprises (ORICONENT) stock. Volume based technical analysis of Oricon Enterprises (ORICONENT) stock is negative.

Oricon Enterprises Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

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