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(Olectra) Olectra complete technical analysis [charts+indicators] | Buy/Sell Olectra | (Olectra) share price targets

Complete technical analysis of Olectra (Olectra) by charts plus indicators, forecast predictions and share price targets for Olectra (Olectra)

10 day averaged volume of Olectra is 97129

Date Daily Closing Price Open High Low Volume
17 Fri Sep 2021 385.60 389.00 398.00 370.15 0.365 times
16 Thu Sep 2021 389.60 405.00 407.00 385.05 0.624 times
15 Wed Sep 2021 403.25 416.90 417.55 380.10 1.603 times
14 Tue Sep 2021 397.85 397.85 397.85 380.00 1.652 times
13 Mon Sep 2021 378.95 378.95 378.95 378.95 0.474 times
09 Thu Sep 2021 360.95 350.80 360.95 340.00 0.691 times
08 Wed Sep 2021 343.80 342.80 343.80 336.00 1.464 times
07 Tue Sep 2021 327.45 318.95 327.45 312.55 2.412 times
06 Mon Sep 2021 311.90 313.30 325.00 310.10 0.182 times
03 Fri Sep 2021 316.70 309.05 325.00 309.05 0.37 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 369.5, but if it comes below 369.5, then a intra day sell could be more profitable.
If you take a sell trade below 369.5, then use 369.5 as stoploss and 330.23 as target. However if you take a buy trade in stock , then use 369.5 as stoploss and 416.6 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 169.00
Downside Target 195.00
Downside Target 221.20
Downside Target 226.50
Downside Target 275.70
Downside Target 290.05
Downside Target 301.60
Downside Target 310.10
Downside Target 325.00
Downside Target 348.95
Downside Target 360.95
Downside Target 370.15
Upside Target 417.55

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 364.65
Downside Intraday Target 343.7
Upside Intraday Target 412.05
Upside Intraday Target 438.5
Upside Intraday Target 391.1

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
17 Fri Sep 2021 385.60 378.95 417.55 370.15 0.994 times
09 Thu Sep 2021 360.95 313.30 360.95 310.10 1.26 times
03 Fri Sep 2021 316.70 309.00 325.00 290.55 2.328 times
27 Fri Aug 2021 296.80 301.85 312.50 275.70 0.235 times
20 Fri Aug 2021 290.20 316.95 329.00 290.05 3.371 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Olectra (Olectra)

Date Monthly Closing Price Open High Low Volume
17 Fri Sep 2021 385.60 304.80 417.55 290.55 0.632 times
31 Tue Aug 2021 297.65 316.65 348.95 275.70 0.526 times
30 Fri Jul 2021 301.60 230.00 301.60 221.20 0.812 times
30 Wed Jun 2021 223.10 178.30 226.50 170.00 3.873 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Olectra (Olectra)

Indicator Name Indicator Value Indicator Signal
ADX 38, 13, 50 Buy
MACD 51, 43Buy
Stochastics 79Buy
CCI 55Sell
RSI 63Buy
OBV 291939Sell
VWAP 364Buy
ADL 0Sell
ROC 23Buy
Force Index 0Sell

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 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 mid to longer 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.

ADX buy sell signal for Olectra stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Olectra in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Olectra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Olectra in short term but SELL signal is weak.

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 364.3 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Olectra charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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