(Olectra) Olectra Renko charts technical analysis
(Olectra) Olectra Renko charts technical analysis Renko analysis of Olectra | Buy/Sell Olectra
10 day averaged volume of Olectra is 41224
|27 Fri May 2022||569.30||572.60||582.60||567.05||0.023 Mn|
|26 Thu May 2022||572.60||584.80||590.00||551.45||0.02 Mn|
|25 Wed May 2022||575.80||607.95||607.95||567.65||0.028 Mn|
|24 Tue May 2022||586.05||592.60||592.75||580.20||0.113 Mn|
|23 Mon May 2022||564.55||556.95||570.65||542.90||0.062 Mn|
|20 Fri May 2022||543.50||549.00||555.45||536.35||0.02 Mn|
|19 Thu May 2022||540.15||534.10||550.00||534.10||0.03 Mn|
|18 Wed May 2022||559.55||598.00||598.00||556.00||0.031 Mn|
|17 Tue May 2022||581.10||574.75||589.95||566.45||0.023 Mn|
|16 Mon May 2022||569.85||559.00||575.00||548.05||0.019 Mn|
Indicators analysis of Olectra (Olectra)
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Olectra ( (Olectra) ) 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 Olectra ( (Olectra) ) 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 Olectra stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Olectra in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Olectra Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Olectra in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Olectra is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 570.53 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Olectra (Olectra) stock. Volume based technical analysis of Olectra (Olectra) stock is negative.
Olectra Stock is giving positive 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.
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||20, 22, 4||Sell|