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Stock analysis Orient Ceratech Limited ORIENTCER

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Moving Averages for Orient Ceratech Limited

  • 5Day Average: 49.57
  • 12Day Average: 49.65
  • 20Day Average: 50.83
  • 50Day Average: 53.89
  • 100Day Average: 54.5

ORIENTCER Indicators & signals

Indicator MACD (12,26,9)

49.89, 50.89, -1.01
Indicator MACD is in negative zone

Indicator ADX (14)

27.27, 14.69, 25.71
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ORIENTCER Orient Ceratech Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 48.25 48.00 to 50.35 -3.02% 1.3 times
02 Thu May 2024 49.75 49.20 to 50.30 0.4% 1.08 times
30 Tue Apr 2024 49.55 49.05 to 51.40 -1.69% 1.2 times
29 Mon Apr 2024 50.40 49.75 to 51.00 1% 0.97 times
26 Fri Apr 2024 49.90 49.55 to 50.95 1.53% 0.92 times
25 Thu Apr 2024 49.15 49.00 to 51.50 -2.67% 1.55 times
24 Wed Apr 2024 50.50 50.40 to 51.80 -0.69% 1.18 times
23 Tue Apr 2024 50.85 50.00 to 52.30 1.4% 0.95 times
22 Mon Apr 2024 50.15 49.15 to 51.30 2.45% 0.71 times
19 Fri Apr 2024 48.95 47.75 to 49.80 -1.41% 0.68 times
18 Thu Apr 2024 49.65 49.20 to 51.10 1.85% 0.76 times
16 Tue Apr 2024 48.75 48.05 to 51.30 -2.99% 1.17 times

Technical analysis forecast for Orient Ceratech Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Orient Ceratech Limited ORIENTCER at this time. Stock is falling and might fall more.

It appears as if Orient Ceratech Limited ORIENTCER gave a large move recently.

Stock of Orient Ceratech Limited (ORIENTCER) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Orient Ceratech Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Orient Ceratech Limited stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 46.7 as target. However if you take a buy trade in Orient Ceratech Limited, then use 48.8 as stoploss and 50.46 as target.

More indepth analysis on MunafaSutra.com