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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 2024-05-31 View latest technical analysis

10 day averaged volume of Oricon Enterprises is 214355

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	35.65	36.55	37.10	35.50	0.918 times
30 Thu May 2024	36.05	36.50	36.75	35.80	0.604 times
29 Wed May 2024	36.75	36.25	37.65	36.10	1.164 times
28 Tue May 2024	36.35	36.90	37.25	36.05	0.766 times
27 Mon May 2024	36.70	37.15	37.35	36.25	1.403 times
24 Fri May 2024	37.10	37.00	37.80	36.85	1.011 times
23 Thu May 2024	37.00	38.15	38.35	36.75	1.902 times
22 Wed May 2024	38.00	38.15	38.60	37.70	0.986 times
21 Tue May 2024	38.10	38.35	39.10	37.90	0.835 times
18 Sat May 2024	38.80	38.50	39.45	38.10	0.322 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 35.3, for a target of 36.4 or 37.22

Share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Target	30.00
Downside Target	33.70
Downside Target	35.50
Upside Target	37.65
Upside Target	38.65
Upside Target	40.20
Upside Target	40.70
Upside Target	41.00
Upside Target	41.65
Upside Target	42.90
Upside Target	43.35
Upside Target	48.15
Upside Target	49.30

Intraday share price targets for Oricon Enterprises (ORICONENT)

Target Type	Value
Downside Intraday Target	34.88
Downside Intraday Target	34.12
Upside Intraday Target	37.03
Upside Intraday Target	38.42
Upside Intraday Target	36.27

Weekly technical analysis of Oricon Enterprises (ORICONENT)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	35.65	37.15	37.65	35.50	1.026 times
24 Fri May 2024	37.10	38.35	39.10	36.75	0.536 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

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
31 Fri May 2024	35.65	40.65	41.00	35.50	0.144 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 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 short to mid 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 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 Oricon Enterprises stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Oricon Enterprises in short term and the sell signal is strong.

Oricon Enterprises 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 36.96 and Oricon Enterprises (ORICONENT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.