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(Orientelec) Orientelec complete technical analysis [charts+indicators] | Buy/Sell Orientelec | (Orientelec) share price targets

Complete technical analysis of Orientelec (Orientelec) by charts plus indicators, forecast predictions and share price targets for Orientelec (Orientelec)

10 day averaged volume of Orientelec is 11138

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 226.80 234.70 234.70 222.75 0.593 times
18 Mon Nov 2024 225.40 234.35 234.35 221.95 0.655 times
14 Thu Nov 2024 226.35 221.55 229.95 221.55 1.519 times
13 Wed Nov 2024 226.10 232.55 232.55 225.00 2.232 times
12 Tue Nov 2024 233.95 242.05 242.90 231.00 0.454 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 222 as stoploss in an intra day buy trade for a target of 234.5. However, stock will show a bearish move below 222.

Share price targets for Orientelec (Orientelec)

Target Type Value
Downside Target 207.80
Downside Target 214.70
Downside Target 221.55
Upside Target 234.70
Upside Target 251.45
Upside Target 251.70
Upside Target 255.60
Upside Target 264.00
Upside Target 270.00
Upside Target 291.65
Upside Target 297.15

Intraday share price targets for Orientelec (Orientelec)

Target Type Value
Downside Intraday Target 220.93
Downside Intraday Target 215.07
Upside Intraday Target 233.68
Upside Intraday Target 240.57
Upside Intraday Target 227.82

Weekly technical analysis of Orientelec (Orientelec)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 226.80 234.35 234.70 221.95 0.269 times
14 Thu Nov 2024 226.35 242.00 243.15 221.55 0.915 times
08 Fri Nov 2024 242.35 247.00 251.45 236.20 0.114 times
01 Fri Nov 2024 248.40 214.70 264.00 214.70 10.171 times
25 Fri Oct 2024 210.30 239.00 239.00 207.80 1.65 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 Orientelec (Orientelec)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 226.80 240.60 251.70 221.55 0.192 times
31 Thu Oct 2024 247.30 240.40 264.00 207.80 2.52 times
30 Mon Sep 2024 240.60 265.05 270.00 235.65 0.387 times
30 Fri Aug 2024 269.65 290.60 291.65 244.30 1.03 times

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 Orientelec (Orientelec)

Indicator Name Indicator Value Indicator Signal
ADX 20, 18, 7 Buy
MACD -6, -5Sell
Stochastics 15Sell
CCI -75Buy
RSI 55Buy
OBV 56613Sell
VWAP 233Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Orientelec ( (Orientelec) ) based on a short term time period is

Price action analysis of Orientelec ( (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 Orientelec ( (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 Orientelec ( (Orientelec) ) based on a mid to longer 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.

ADX buy sell signal for Orientelec stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Orientelec in short term and the sell signal is strong.

Orientelec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying is losing 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 Orientelec is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 233.33 and Orientelec (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 Orientelec (Orientelec) stock. Volume based technical analysis of Orientelec (Orientelec) stock is negative.

Orientelec 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.

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