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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 2024-02-08 View latest technical analysis

10 day averaged volume of Ortel Communications is 16224

Date Daily Closing Price Open High Low Volume
08 Thu Feb 2024 1.25 1.25 1.25 1.25 0.567 times
07 Wed Feb 2024 1.20 1.20 1.20 1.20 0.998 times
06 Tue Feb 2024 1.15 1.15 1.15 1.15 0.836 times
05 Mon Feb 2024 1.10 1.10 1.10 1.10 1.059 times
02 Fri Feb 2024 1.05 1.05 1.05 1.05 3.239 times
01 Thu Feb 2024 1.00 1.00 1.00 1.00 2.071 times
29 Mon Jan 2024 0.95 0.95 0.95 0.95 0.656 times
23 Tue Jan 2024 1.00 1.00 1.00 1.00 0.012 times
15 Mon Jan 2024 1.00 1.00 1.00 1.00 0.092 times
08 Mon Jan 2024 1.05 1.05 1.10 1.00 0.997 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 1.3, for a target of 1.2 or 1.07

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type Value
Downside Target 0.80
Downside Target 0.95
Downside Target 1.00
Downside Target 1.05
Downside Target 1.10
Downside Target 1.20
Downside Target 1.25

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type Value
Downside Intraday Target 1.15
Downside Intraday Target 1.05
Upside Intraday Target 1.3
Upside Intraday Target 1.35
Downside Intraday Target 1.2

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date Weekly Closing Price Open High Low Volume
08 Thu Feb 2024 1.25 1.10 1.25 1.10 0.58 times
02 Fri Feb 2024 1.05 0.95 1.05 0.95 56.945 times
23 Tue Jan 2024 1.00 1.00 1.00 1.00 0.105 times
08 Mon Jan 2024 1.05 1.05 1.10 1.00 26.967 times
01 Mon Jan 2024 1.05 1.05 1.05 1.05 1.2 times

Price has moved up 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
08 Thu Feb 2024 1.25 1.00 1.25 1.00 4.886 times
29 Mon Jan 2024 0.95 1.05 1.10 0.95 0.451 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ortel Communications in short term and BUY 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 selling 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 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.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ortel Communications ( (ORTEL_BZ) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ortel Communications in short term and BUY 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 selling 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 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.

Click here for Ortel Communications charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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