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Stock analysis Ortin Global Limited ORTINGLOBE

More indepth analysis on MunafaSutra.com

Moving Averages for Ortin Global Limited

  • 5Day Average: 17.46
  • 12Day Average: 17.73
  • 20Day Average: 18.14
  • 50Day Average: 18.88

ORTINGLOBE Indicators & signals

Indicator MACD (12,26,9)

17.76, 18.2, -0.41
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 15, 17.5
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ORTINGLOBE Ortin Global Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 17.21 16.95 to 17.84 -1.88% 1.18 times
09 Thu Jan 2025 17.54 17.25 to 18.40 -1.29% 0.56 times
08 Wed Jan 2025 17.77 17.46 to 17.95 2.01% 0.42 times
07 Tue Jan 2025 17.42 17.31 to 18.25 0.23% 1.2 times
06 Mon Jan 2025 17.38 17.14 to 18.46 -2.69% 2.25 times
03 Fri Jan 2025 17.86 17.81 to 18.19 -1.16% 0.31 times
02 Thu Jan 2025 18.07 18.00 to 18.46 1.12% 0.39 times
01 Wed Jan 2025 17.87 17.61 to 18.18 0.9% 3.22 times
31 Tue Dec 2024 17.71 17.53 to 18.46 -1.23% 0.41 times
30 Mon Dec 2024 17.93 17.80 to 18.48 -0.44% 0.45 times
27 Fri Dec 2024 18.01 17.86 to 18.43 -0.17% 0.79 times
26 Thu Dec 2024 18.04 18.00 to 18.98 -0.5% 1.2 times

Technical analysis forecast for Ortin Global 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 Ortin Global Limited ORTINGLOBE at this time. Stock is falling and might fall more.

It appears as if Ortin Global Limited ORTINGLOBE gave a large move recently.

Stock of Ortin Global Limited (ORTINGLOBE) 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 Ortin Global Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ortin Global Limited stays below 17.4, but if it comes above 17.4, then a intra day buy could be more profitable.
If you take a sell trade below 17.4, then use 17.4 as stoploss and 16.7 as target. However if you take a buy trade in Ortin Global Limited, then use 17.4 as stoploss and 18.04 as target.

More indepth analysis on MunafaSutra.com