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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 2024-01-01 View latest technical analysis

10 day averaged volume of Ortel Communications is 19693

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	1.05	1.05	1.05	1.05	0.03 times
18 Mon Dec 2023	1.10	1.10	1.10	1.10	0.025 times
11 Mon Dec 2023	1.15	1.15	1.15	1.15	0.268 times
04 Mon Dec 2023	1.20	1.15	1.20	1.15	0.724 times
01 Fri Dec 2023	1.15	1.10	1.15	1.05	2.262 times
30 Thu Nov 2023	1.10	1.10	1.10	1.00	1.713 times
29 Wed Nov 2023	1.05	1.05	1.05	1.00	1.805 times
28 Tue Nov 2023	1.00	1.00	1.00	0.95	1.468 times
24 Fri Nov 2023	0.95	0.95	0.95	0.85	0.805 times
23 Thu Nov 2023	0.90	0.90	0.95	0.90	0.84 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.1 as stoploss in an intra day sell trade for a target of 0.99. However, stock will show a bullish move above 1.1.

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
Upside Target	1.10
Upside Target	1.15
Upside Target	1.20

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.05
Downside Intraday Target	1.05
Downside Intraday Target	1.05
Downside Intraday Target	1.05
Downside Intraday Target	1.05

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jan 2024	1.05	1.05	1.05	1.05	1.2 times
18 Mon Dec 2023	1.10	1.10	1.10	1.10	0.095 times
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

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
01 Mon Jan 2024	1.05	1.05	1.05	1.05	0.009 times
18 Mon Dec 2023	1.10	1.10	1.20	1.05	0.272 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

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 Ortel Communications (ORTEL_BZ)

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ortel Communications in short term and the buy signal is strong.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ortel Communications in short term and SELL signal is strong!

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 1.07 and Ortel Communications (ORTEL_BZ) 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 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.