Stock analysis Orient Electric Limited ORIENTELEC
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Recent prices of ORIENTELEC Orient Electric Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 09 Thu Jan 2025 | 237.89 | 230.80 to 241.25 | 2.74% | 2.07 times |
| 08 Wed Jan 2025 | 231.55 | 229.55 to 239.29 | -2.76% | 0.51 times |
| 07 Tue Jan 2025 | 238.11 | 229.74 to 239.80 | 2.32% | 0.73 times |
| 06 Mon Jan 2025 | 232.70 | 229.34 to 240.10 | -2.58% | 0.93 times |
| 03 Fri Jan 2025 | 238.86 | 237.00 to 242.30 | 0.5% | 0.63 times |
| 02 Thu Jan 2025 | 237.68 | 235.27 to 239.17 | 0.48% | 0.4 times |
| 01 Wed Jan 2025 | 236.55 | 232.85 to 239.99 | 1.55% | 1.16 times |
| 31 Tue Dec 2024 | 232.93 | 231.02 to 241.41 | -2.16% | 1.94 times |
| 30 Mon Dec 2024 | 238.07 | 236.90 to 246.99 | -2.98% | 0.81 times |
| 27 Fri Dec 2024 | 245.37 | 244.17 to 251.70 | -2.46% | 0.65 times |
| 26 Thu Dec 2024 | 251.57 | 247.23 to 262.08 | -2.39% | 2.23 times |
| 24 Tue Dec 2024 | 257.72 | 242.29 to 261.59 | 5.48% | 3.2 times |
Technical analysis forecast for Orient Electric 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 Electric Limited ORIENTELEC at this time. Stock is falling and might fall more.
It appears as if Orient Electric Limited ORIENTELEC gave a large move recently.
Stock of Orient Electric Limited (ORIENTELEC) 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 Electric Limited is bearish for shortterm, and stock might move down till 232.7 or till 224.7. Use a stoploss of 239.42 and if the stock hits stoploss, then it can shoot up till 246.13