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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.

10 day averaged volume of Orient Electric is 442604

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 285.95 296.00 301.85 282.00 1.28 times
13 Tue Apr 2021 294.95 291.30 310.00 282.45 1.309 times
12 Mon Apr 2021 291.35 301.90 301.90 288.40 1.114 times
09 Fri Apr 2021 304.10 305.65 311.95 299.05 0.772 times
08 Thu Apr 2021 305.40 295.00 307.30 295.00 0.767 times
07 Wed Apr 2021 300.05 301.30 305.60 299.10 1.038 times
06 Tue Apr 2021 299.15 308.25 310.40 298.05 1.711 times
05 Mon Apr 2021 309.40 315.00 317.00 305.90 0.516 times
01 Thu Apr 2021 317.25 313.50 318.95 312.05 0.6 times
31 Wed Mar 2021 311.45 308.55 317.85 308.20 1.275 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 285.5, for a target of 297.8 or 308

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 282.00
Upside Target 293.50
Upside Target 308.20
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 275.3
Downside Intraday Target 264.65
Upside Intraday Target 303.3
Upside Intraday Target 320.65
Upside Intraday Target 292.65

Weekly technical analysis of Orient Electric (ORIENTELEC)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 285.95 301.90 310.00 282.00 0.771 times
09 Fri Apr 2021 304.10 315.00 317.00 295.00 1.732 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

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
15 Thu Apr 2021 285.95 313.50 318.95 282.00 0.272 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 16, 19, 8 Sell
MACD 7, 13Sell
Stochastics 18Sell
CCI -136Sell
RSI 43Sell
OBV 1208652Sell
VWAP 300Sell
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 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 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 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 gaining 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 coming down

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 300.14 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.

Click here for Orient Electric charts

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Daily charts

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