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

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

10 day averaged volume of Ortin Laboratories is 13284

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 18.70 18.40 18.80 18.40 0.983 times
16 Thu May 2024 18.25 18.60 18.95 18.05 1.377 times
15 Wed May 2024 18.35 18.35 18.90 18.25 0.731 times
14 Tue May 2024 18.45 18.45 18.90 18.00 0.58 times
13 Mon May 2024 18.25 19.35 19.40 17.30 2.158 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 18.6 as stoploss in an intra day buy trade for a target of 19.11. However, stock will show a bearish move below 18.6.

Share price targets for Ortin Laboratories (ORTINLAB)

Target Type Value
Downside Target 16.20
Downside Target 17.30
Downside Target 18.50
Upside Target 19.00
Upside Target 20.40
Upside Target 20.60
Upside Target 20.95
Upside Target 22.00
Upside Target 22.45
Upside Target 23.60

Intraday share price targets for Ortin Laboratories (ORTINLAB)

Target Type Value
Downside Intraday Target 17.53
Downside Intraday Target 16.37
Upside Intraday Target 19.63
Upside Intraday Target 20.57
Downside Intraday Target 18.47

Weekly technical analysis of Ortin Laboratories (ORTINLAB)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 18.70 19.35 19.40 17.30 1.397 times
10 Fri May 2024 19.05 20.40 20.40 18.50 0.719 times
03 Fri May 2024 19.30 20.95 20.95 19.00 1.049 times
26 Fri Apr 2024 20.00 19.95 20.60 19.10 1.299 times
19 Fri Apr 2024 19.20 19.05 20.05 18.55 0.203 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 Ortin Laboratories (ORTINLAB)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 18.70 19.65 20.40 17.30 0.291 times
30 Tue Apr 2024 19.75 18.25 22.00 17.40 0.627 times
28 Thu Mar 2024 17.55 20.95 20.95 16.20 2.512 times
29 Thu Feb 2024 20.15 21.95 22.45 19.85 0.328 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 Ortin Laboratories (ORTINLAB)

Indicator Name Indicator Value Indicator Signal
ADX 12, 19, 23 Sell
MACD -1, -0Sell
Stochastics 37None
CCI -30Buy
RSI 51Buy
OBV -60769Sell
VWAP 19Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Ortin Laboratories ( (ORTINLAB) ) based on a short 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 Ortin Laboratories ( (ORTINLAB) ) 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 Ortin Laboratories ( (ORTINLAB) ) 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 Ortin Laboratories ( (ORTINLAB) ) 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 Ortin Laboratories stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ortin Laboratories Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Ortin Laboratories in short term but BUY 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 Ortin Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.57 and Ortin Laboratories (ORTINLAB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Ortin Laboratories (ORTINLAB) stock. Volume based technical analysis of Ortin Laboratories (ORTINLAB) stock is negative.

Ortin Laboratories 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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