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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 2024-10-01 View latest technical analysis

10 day averaged volume of Ortel Communications is 10639

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1.74	1.74	1.74	1.74	4.638 times
30 Mon Sep 2024	1.66	1.66	1.66	1.66	0.181 times
23 Mon Sep 2024	1.75	1.75	1.75	1.75	0.333 times
16 Mon Sep 2024	1.85	1.85	1.85	1.85	0.467 times
09 Mon Sep 2024	1.95	1.95	1.95	1.95	0.898 times
02 Mon Sep 2024	2.06	2.06	2.06	2.06	1.849 times
23 Fri Aug 2024	2.17	2.17	2.17	2.17	0.379 times
22 Thu Aug 2024	2.07	2.07	2.07	2.07	1.006 times
21 Wed Aug 2024	1.98	1.98	1.98	1.98	1.256 times
20 Tue Aug 2024	1.89	1.80	1.89	1.80	1.106 times

Stock of Ortel Communications (ORTEL_BZ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1.6 or till 1.4. Use a stoploss of 1.78 and if the stock hits stoploss, then it can shoot up till 1.96

Share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Target	1.32
Downside Target	1.35
Downside Target	1.38
Downside Target	1.65
Downside Target	1.74
Upside Target	1.85
Upside Target	1.95
Upside Target	2.06
Upside Target	2.17

Intraday share price targets for Ortel Communications (ORTEL_BZ)

Target Type	Value
Downside Intraday Target	1.69
Downside Intraday Target	1.63
Upside Intraday Target	1.77
Upside Intraday Target	1.79
Downside Intraday Target	1.71

Weekly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1.74	1.66	1.74	1.66	14.477 times
23 Mon Sep 2024	1.75	1.75	1.75	1.75	0.712 times
16 Mon Sep 2024	1.85	1.85	1.85	1.85	0.52 times
09 Mon Sep 2024	1.95	1.95	1.95	1.95	0.486 times
02 Mon Sep 2024	2.06	2.06	2.06	2.06	0.295 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ortel Communications (ORTEL_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1.74	1.74	1.74	1.74	1.244 times
30 Mon Sep 2024	1.66	2.06	2.06	1.66	0.046 times
23 Fri Aug 2024	2.17	1.38	2.17	1.38	7.58 times
29 Mon Jul 2024	1.32	1.58	1.65	1.32	0.214 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 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 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 SELL signal for Ortel Communications in short term but the sell signal is initial and weak.

Ortel Communications 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 green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

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 1.89 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.