OPTIEMUS_BE NEWS why is Optiemus Infracom Ltd price falling or rising

OPTIEMUS_BE NEWS reasons for why stock price of Optiemus Infracom Ltd is falling or rising

OPTIEMUS_BE Optiemus Infracom is falling or rising technical reasons

Technical analysis forecast for Optiemus Infracom 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 Optiemus Infracom OPTIEMUS_BE at this time. Stock is falling and might fall more.

It appears as if Optiemus Infracom OPTIEMUS_BE gave a large move recently.

Stock of Optiemus Infracom (OPTIEMUS_BE) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Optiemus Infracom is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 692.6 as stoploss in an intra day buy trade for a target of 721.6. However, stock will show a bearish move below 692.6.

OPTIEMUS_BE Optiemus Infracom is falling or rising NEWS fundamental reasons

More announcements and NEWS

OPTIEMUS_BE Optiemus Infracom Ltd current price & indicator signals

Moving Averages for Optiemus Infracom Ltd

  • 5Day Average: 710.95
  • 12Day Average: 734.7
  • 20Day Average: 740.6
  • 50Day Average: 689.11
  • 100Day Average: 509.05
  • 150Day Average: 388.03
  • 200Day Average: 314.59

OPTIEMUS_BE Indicators & signals

Indicator MACD (12,26,9)

723.65, 714.62, 20.25
Indicator MACD is in positive zone

Indicator ADX (14)

7.72, 16.48, 19.24
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OPTIEMUS_BE Optiemus Infracom Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Mon Dec 2024 697.20 682.55 to 720.00 -1.26% 1.19 times
27 Fri Dec 2024 706.10 702.00 to 739.00 -0.93% 0.88 times
26 Thu Dec 2024 712.75 707.15 to 761.00 -2.93% 1.1 times
24 Tue Dec 2024 734.25 698.05 to 739.55 4.23% 1.05 times
23 Mon Dec 2024 704.45 693.00 to 735.00 -1.85% 0.78 times
20 Fri Dec 2024 717.70 710.00 to 759.80 -3.42% 1.18 times
19 Thu Dec 2024 743.15 707.05 to 763.00 -0.1% 0.76 times
18 Wed Dec 2024 743.90 735.00 to 769.80 0% 0.92 times
18 Wed Dec 2024 743.90 735.00 to 769.80 -1.88% 0.92 times
17 Tue Dec 2024 758.15 752.00 to 784.00 -1.7% 1.47 times
16 Mon Dec 2024 771.30 762.00 to 785.00 -1.56% 0.94 times
13 Fri Dec 2024 783.50 741.95 to 788.00 0.32% 2.71 times

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OPTIEMUS_BE NEWS why is Optiemus Infracom Ltd price falling or rising

 

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