(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)
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Orientelec is 55676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 208.75 | 208.95 | 209.45 | 207.85 | 0.218 times |
| 28 Wed Feb 2024 | 208.85 | 214.95 | 214.95 | 206.60 | 0.642 times |
| 27 Tue Feb 2024 | 213.65 | 209.50 | 214.25 | 206.80 | 1.172 times |
| 26 Mon Feb 2024 | 209.45 | 212.00 | 212.00 | 206.55 | 1.355 times |
| 23 Fri Feb 2024 | 211.05 | 207.55 | 212.50 | 206.50 | 0.456 times |
| 22 Thu Feb 2024 | 207.05 | 203.35 | 207.85 | 202.05 | 0.79 times |
| 21 Wed Feb 2024 | 204.15 | 211.05 | 211.05 | 203.10 | 0.247 times |
| 20 Tue Feb 2024 | 207.90 | 208.05 | 211.05 | 205.55 | 0.759 times |
| 19 Mon Feb 2024 | 209.50 | 205.55 | 210.20 | 204.40 | 0.886 times |
| 16 Fri Feb 2024 | 203.60 | 190.75 | 205.70 | 190.55 | 2.364 times |
My analysis of stock is bullish for shortterm, and stock might move up till 216.4 or till 226.6. Use a stoploss of 207.86 and if this stock hits its stoploss, then it can fall down till 199.36
Share price targets for Orientelec (Orientelec)
| Target Type | Value |
| Downside Target | 189.10 |
| Downside Target | 202.05 |
| Downside Target | 206.45 |
| Upside Target | 215.15 |
| Upside Target | 222.25 |
| Upside Target | 227.10 |
| Upside Target | 229.25 |
| Upside Target | 229.95 |
| Upside Target | 239.25 |
| Upside Target | 246.00 |
Intraday share price targets for Orientelec (Orientelec)
| Target Type | Value |
| Downside Intraday Target | 205.22 |
| Downside Intraday Target | 201.68 |
| Upside Intraday Target | 213.62 |
| Upside Intraday Target | 218.48 |
| Upside Intraday Target | 210.08 |
Weekly technical analysis of Orientelec (Orientelec)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 208.75 | 212.00 | 214.95 | 206.55 | 1.079 times |
| 23 Fri Feb 2024 | 211.05 | 205.55 | 212.50 | 202.05 | 0.412 times |
| 16 Fri Feb 2024 | 203.60 | 210.40 | 212.00 | 189.10 | 1.572 times |
| 09 Fri Feb 2024 | 209.90 | 223.70 | 227.10 | 208.00 | 1.048 times |
| 02 Fri Feb 2024 | 220.20 | 208.70 | 222.25 | 208.00 | 1.873 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 Orientelec (Orientelec)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 208.75 | 211.25 | 227.10 | 189.10 | 1.678 times |
| 31 Wed Jan 2024 | 209.15 | 230.10 | 239.25 | 206.45 | 0.577 times |
| 29 Fri Dec 2023 | 226.75 | 217.05 | 246.00 | 215.15 | 4.386 times |
| 30 Thu Nov 2023 | 216.50 | 217.85 | 229.25 | 208.95 | 1.058 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Orientelec (Orientelec)
Price action analysis of Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Orientelec in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orientelec 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Orientelec in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 207.98 and Orientelec (Orientelec) 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 Orientelec (Orientelec) stock. Volume based technical analysis of Orientelec (Orientelec) stock is negative.
Orientelec Stock is giving positive 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.
Price action analysis of Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) 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 Orientelec ( (Orientelec) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Orientelec in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Orientelec 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Orientelec in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 207.98 and Orientelec (Orientelec) 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 Orientelec (Orientelec) stock. Volume based technical analysis of Orientelec (Orientelec) stock is negative.
Orientelec Stock is giving positive 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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