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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)

Showing technical analysis as on 2023-12-11 View latest technical analysis

10 day averaged volume of Ortel Communications is 20588

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	1.15	1.15	1.15	1.15	0.256 times
04 Mon Dec 2023	1.20	1.15	1.20	1.15	0.693 times
01 Fri Dec 2023	1.15	1.10	1.15	1.05	2.164 times
30 Thu Nov 2023	1.10	1.10	1.10	1.00	1.638 times
29 Wed Nov 2023	1.05	1.05	1.05	1.00	1.726 times
28 Tue Nov 2023	1.00	1.00	1.00	0.95	1.404 times
24 Fri Nov 2023	0.95	0.95	0.95	0.85	0.77 times
23 Thu Nov 2023	0.90	0.90	0.95	0.90	0.803 times
22 Wed Nov 2023	0.95	0.90	0.95	0.90	0.086 times
21 Tue Nov 2023	0.90	0.95	0.95	0.90	0.609 times

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 1.2, for a target of 1.1 or 0.98

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	0.80
Downside Target	0.85
Downside Target	0.95
Downside Target	1.00
Downside Target	1.05
Downside Target	1.10
Downside Target	1.15
Upside Target	1.20

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.15
Downside Intraday Target	1.15
Downside Intraday Target	1.15
Downside Intraday Target	1.15
Downside Intraday Target	1.15

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	1.15	1.15	1.15	1.15	0.369 times
04 Mon Dec 2023	1.20	1.15	1.20	1.15	0.1 times
01 Fri Dec 2023	1.15	1.00	1.15	0.95	2.921 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

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 Ortel Communications (ORTEL_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	1.15	1.10	1.20	1.05	0.27 times
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	0.383 times
29 Fri Sep 2023	0.95	0.95	1.00	0.85	1.005 times

Scroll below to view daily charts

Price has moved up 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 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 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 Weak 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ortel Communications in short term but SELL signal is weak.

RSI is generating a SELL signal in short term

MRSI is in negative zone. This is the SELL zone

Stock of Ortel Communications is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.06 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.