Free Orascom Development Holding AG (ODHN) Technical Analysis Signals | Free Stock Technical Analysis Signals | 15 Jun

Overal Signals
Hold
Signals
Hold Hold Hold Hold
Last Update / Period
15 Jun / Daily
Category/Currency
Stock/USD
Exchange/Country
XEBS/--

Orascom Development Holding AG (ODHN) signal with technical analysis on 15 Jun

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 22 suggested buy signal strategies, while 135 indicated sell signal strategies. The remaining 99 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 5
Sell Signals: 34
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 6
Sell Signals: 32
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 3
Sell Signals: 39
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 8
Sell Signals: 30
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Overal Strategy :
Buy Signals: 22
Sell Signals: 135
Neutral Signals: 99
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Orascom Development Holding AG (ODHN) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.


SNResult: Looking at the technical analysis for Orascom Development Holding AG (ODHN) on th, it appears that there is a tendency toward a sell signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and making investment decisions should be done carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.

According to the above signals and forecasts, we recommend the following methods:
Orascom Development Holding AG (ODHN) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), it is recommended to choose the optimal time to exit the current position based on the combination of technical analysis signals. If you have a high risk tolerance, wait for the market to move in the coming days.
Orascom Development Holding AG (ODHN) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), holding your position may be the right strategy based on the consensus of our technical analysis signals. However, always be careful and monitor market developments closely.
For new positions: If you are not currently invested or are considering switching to a sell position (short position), it is recommended to consider the expected price range, which represents a potential downside of INF% based on the lowest expected price. Before entering into a selling position, be careful and do thorough research to ensure it is compatible with your risk tolerance and investment objectives.

In all your trading endeavors, the implementation of a well-defined stop loss strategy is paramount to manage potential downside risks effectively.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your Orascom Development Holding AG (ODHN) holdings.

Orascom Development Holding AG (ODHN) Price Analysis and Support Levels:

In our current Orascom Development Holding AG (ODHN) position, we find ourselves in a short position, anticipating a potential downward trend in the market. It's essential to have a clear understanding of the support levels that can come into play. These levels act as key reference points for traders and investors to make informed decisions.

First Support Level: 3.8
The initial support level at 3.8 is where we are closely monitoring the price. It serves as a critical point in our analysis. If the current downward trend persists without any signs of reversal, this level may be breached. This would imply that the selling pressure is quite substantial and might indicate further potential for price depreciation.



It's crucial to remember that these support levels should be looked at closely and understood in the context of overall market trends and indicators. To make well-informed decisions while trading Orascom Development Holding AG (ODHN), it's essential to stay alert and keep analyzing the market consistently. This will be valuable as we navigate the ever-changing world of Orascom Development Holding AG (ODHN) trading. By paying attention to these support levels and considering broader market dynamics, you can make smarter trading choices and adapt to the dynamic nature of this market.

Orascom Development Holding AG (ODHN) technical analysis chart

Orascom Development Holding AG (ODHN) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 4.5 4.7 5.02 5.32 6.02
Support 3.8 -- -- -- --
Orascom Development Holding AG (ODHN) price movement in the coming days

Orascom Development Holding AG (ODHN) signals list for 15 Jun

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Orascom Development Holding AG (ODHN) technical analysis over the past days

# Date Overal Signals ALL Signals
1 14 Jun Hold HoldSellHoldHold
2 13 Jun Sell SellNeutralSellHold
3 12 Jun Hold NeutralNeutralNeutralNeutral
4 11 Jun Neutral HoldNeutralNeutralNeutral
5 10 Jun Buy BuyBuyNeutralNeutral
6 07 Jun Hold NeutralNeutralNeutralHold
7 06 Jun Hold NeutralNeutralHoldHold
8 05 Jun Hold HoldHoldHoldHold
9 04 Jun Sell SellHoldHoldHold
10 03 Jun Hold BuyHoldSellHold
11 31 May Hold NeutralHoldNeutralHold
12 30 May Hold HoldHoldHoldHold
13 29 May Hold HoldHoldHoldHold
14 28 May Hold HoldHoldHoldHold
15 27 May Sell SellSellSellSell
16 24 May Hold NeutralNeutralNeutralNeutral
17 23 May Hold HoldHoldHoldHold
18 22 May Hold HoldHoldHoldHold
19 21 May Sell HoldSellSellNeutral
20 17 May Hold HoldNeutralNeutralNeutral
21 16 May Sell SellNeutralNeutralSell
22 15 May Buy BuyBuyNeutralNeutral
23 14 May Sell NeutralNeutralNeutralSell
24 13 May Neutral HoldHoldNeutralNeutral
25 10 May Buy BuyBuyBuyNeutral
26 08 May Sell NeutralNeutralHoldHold
27 07 May Buy BuyNeutralHoldHold
28 06 May Hold NeutralHoldHoldHold
29 03 May Hold HoldHoldHoldHold
30 02 May Hold HoldHoldHoldHold

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