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

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

10 day averaged volume of Orient Cement is 568148

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 214.70 215.00 216.00 211.80 0.126 times
17 Fri May 2024 213.55 211.75 217.00 210.70 0.691 times
16 Thu May 2024 211.75 211.00 212.20 209.20 0.504 times
15 Wed May 2024 208.35 212.10 215.90 207.55 0.88 times
14 Tue May 2024 209.75 211.90 213.65 209.20 0.537 times

My analysis of stock is bearish for shortterm, and stock might move down till 209.4 or till 199.2. Use a stoploss of 217.99 and if the stock hits stoploss, then it can shoot up till 226.54

Share price targets for Orient Cement (ORIENTCEM)

Target Type Value
Downside Target 190.00
Downside Target 197.85
Downside Target 207.55
Upside Target 231.55
Upside Target 233.60
Upside Target 239.90
Upside Target 247.05
Upside Target 256.65
Upside Target 290.95
Upside Target 293.75

Intraday share price targets for Orient Cement (ORIENTCEM)

Target Type Value
Downside Intraday Target 212.33
Downside Intraday Target 209.97
Upside Intraday Target 216.53
Upside Intraday Target 218.37
Downside Intraday Target 214.17

Weekly technical analysis of Orient Cement (ORIENTCEM)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 214.70 215.00 216.00 211.80 0.038 times
17 Fri May 2024 213.55 217.70 218.75 207.55 0.422 times
10 Fri May 2024 217.70 220.80 233.60 210.35 0.886 times
03 Fri May 2024 219.65 229.10 231.55 215.25 0.262 times
26 Fri Apr 2024 229.10 201.30 256.65 197.85 8.724 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 Orient Cement (ORIENTCEM)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 214.70 224.90 233.60 207.55 0.249 times
30 Tue Apr 2024 221.40 199.00 256.65 191.20 2.13 times
28 Thu Mar 2024 195.80 229.20 239.90 190.00 0.921 times
29 Thu Feb 2024 227.25 284.65 293.75 222.10 0.638 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 Orient Cement (ORIENTCEM)

Indicator Name Indicator Value Indicator Signal
ADX 25, 19, 15 Buy
MACD -3, -2Sell
Stochastics 22Sell
CCI -29Buy
RSI 50Buy
OBV -1189848Sell
VWAP 221Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Orient Cement ( (ORIENTCEM) ) 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 Orient Cement ( (ORIENTCEM) ) 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 Orient Cement ( (ORIENTCEM) ) 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 Orient Cement ( (ORIENTCEM) ) 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 Orient Cement stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Orient Cement 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.

Orient Cement 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 Orient Cement 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 negative zone. This is the SELL zone

Stock of Orient Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 220.81 and Orient Cement (ORIENTCEM) 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 Orient Cement (ORIENTCEM) stock. Volume based technical analysis of Orient Cement (ORIENTCEM) stock is negative.

Orient Cement 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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