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(ORIENTELEC) Orient Electric complete technical analysis [charts+indicators] | Buy/Sell Orient Electric | (ORIENTELEC) share price targets

Complete technical analysis of Orient Electric (ORIENTELEC) by charts plus indicators, forecast predictions and share price targets for Orient Electric (ORIENTELEC)

Orient Electric trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

Showing technical analysis as on 2021-04-07 View latest technical analysis

10 day averaged volume of Orient Electric is 563894

Date Daily Closing Price Open High Low Volume
07 Wed Apr 2021 300.05 301.30 305.60 299.10 0.815 times
06 Tue Apr 2021 299.15 308.25 310.40 298.05 1.343 times
05 Mon Apr 2021 309.40 315.00 317.00 305.90 0.405 times
01 Thu Apr 2021 317.25 313.50 318.95 312.05 0.471 times
31 Wed Mar 2021 311.45 308.55 317.85 308.20 1.001 times
30 Tue Mar 2021 310.35 317.90 319.80 309.25 0.705 times
26 Fri Mar 2021 311.65 306.30 319.70 306.30 0.991 times
25 Thu Mar 2021 303.75 303.45 305.90 293.50 0.706 times
24 Wed Mar 2021 302.85 314.65 316.60 300.00 1.314 times
23 Tue Mar 2021 317.95 326.50 331.60 312.50 0.922 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 294.2 as stoploss in an intra day buy trade for a target of 306.37. However, stock will show a bearish move below 294.2.

Share price targets for Orient Electric (ORIENTELEC)

Target Type Value
Downside Target 206.65
Downside Target 221.80
Downside Target 244.45
Downside Target 258.05
Downside Target 264.90
Downside Target 280.00
Downside Target 293.50
Upside Target 317.00
Upside Target 318.95
Upside Target 319.80
Upside Target 333.50
Upside Target 345.00

Intraday share price targets for Orient Electric (ORIENTELEC)

Target Type Value
Downside Intraday Target 293.07
Downside Intraday Target 286.08
Upside Intraday Target 312.02
Upside Intraday Target 323.98
Upside Intraday Target 305.03

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date Weekly Closing Price Open High Low Volume
07 Wed Apr 2021 300.05 315.00 317.00 298.05 1.177 times
01 Thu Apr 2021 317.25 317.90 319.80 308.20 0.358 times
26 Fri Mar 2021 311.65 328.90 345.00 293.50 0.719 times
19 Fri Mar 2021 325.80 300.00 333.50 296.80 1.562 times
12 Fri Mar 2021 295.15 283.90 302.55 280.00 1.161 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 Orient Electric (ORIENTELEC)

Date Monthly Closing Price Open High Low Volume
07 Wed Apr 2021 300.05 313.50 318.95 298.05 0.115 times
31 Wed Mar 2021 311.45 272.10 345.00 269.00 1.69 times
25 Thu Feb 2021 268.95 270.00 296.60 258.05 0.876 times
29 Fri Jan 2021 253.55 223.25 264.90 221.80 1.472 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 Orient Electric (ORIENTELEC)

Indicator Name Indicator Value Indicator Signal
ADX 18, 23, 11 Sell
MACD 16, 20Sell
Stochastics 20Sell
CCI -100Sell
RSI 47Sell
OBV 4477040Sell
VWAP 307Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Orient Electric ( (ORIENTELEC) ) 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 Orient Electric ( (ORIENTELEC) ) 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 Orient Electric ( (ORIENTELEC) ) 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 Orient Electric ( (ORIENTELEC) ) 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 Orient Electric stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Orient Electric in short term but the sell signal is initial and weak.

Orient Electric 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Orient Electric in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Orient Electric is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 307.39 and Orient Electric (ORIENTELEC) 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 Orient Electric (ORIENTELEC) stock. Volume based technical analysis of Orient Electric (ORIENTELEC) stock is negative.

Orient Electric 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.

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Daily charts

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