Login or Join
 Learn then Earn

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

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

10 day averaged volume of Oriental Trimex is 14186

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 9.60 9.60 9.60 9.60 0.836 times
18 Mon Nov 2024 9.80 9.80 9.80 9.80 0.952 times
14 Thu Nov 2024 10.00 9.82 10.00 9.82 1.617 times
13 Wed Nov 2024 9.81 9.81 9.81 9.81 0.807 times
12 Tue Nov 2024 10.02 10.02 10.02 10.02 1.637 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.1, but if it comes above 10.1, then a intra day buy could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 11.25 as target.

Share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type Value
Downside Target 7.75
Downside Target 9.30
Downside Target 9.60
Upside Target 9.80
Upside Target 10.05
Upside Target 10.44
Upside Target 11.34
Upside Target 11.58
Upside Target 12.07
Upside Target 12.58
Upside Target 13.21
Upside Target 14.94
Upside Target 16.34
Upside Target 18.00
Upside Target 19.04

Intraday share price targets for Oriental Trimex (ORIENTALTL_BE)

Target Type Value
Downside Intraday Target 9.53
Downside Intraday Target 9.47
Upside Intraday Target 9.73
Upside Intraday Target 9.87
Upside Intraday Target 9.67

Weekly technical analysis of Oriental Trimex (ORIENTALTL_BE)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 9.60 9.80 9.80 9.60 0.393 times
14 Thu Nov 2024 10.00 10.23 10.23 9.81 1.129 times
08 Fri Nov 2024 10.44 11.34 11.34 10.44 4.846 times
01 Fri Nov 2024 11.58 12.07 12.07 11.58 1.323 times
30 Wed Oct 2024 12.07 12.58 12.58 12.07 0.018 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 Oriental Trimex (ORIENTALTL_BE)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 9.60 11.58 11.58 9.60 0.101 times
31 Thu Oct 2024 11.82 14.89 14.94 10.05 0.338 times
30 Mon Sep 2024 14.94 17.15 18.00 13.21 3.641 times
30 Fri Aug 2024 16.34 19.00 19.04 16.34 2.684 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 Oriental Trimex (ORIENTALTL_BE)

Indicator Name Indicator Value Indicator Signal
ADX 17, 59, 55 Sell
MACD -1, -1Sell
Stochastics 4Sell
CCI -100Sell
RSI 67Buy
OBV 257303Sell
VWAP 10Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) based on a short term time period is

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) based on a short term time period is

Price action analysis of Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex ( (ORIENTALTL_BE) ) 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 Oriental Trimex stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Oriental Trimex 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 coming down

CCI has generated a SELL signal for Oriental Trimex in short term and SELL signal is strong!

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

Stock of Oriental Trimex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.22 and Oriental Trimex (ORIENTALTL_BE) 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 Oriental Trimex (ORIENTALTL_BE) stock. Volume based technical analysis of Oriental Trimex (ORIENTALTL_BE) stock is negative.

Oriental Trimex 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.

Click here for Oriental Trimex charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme