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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 130567

Date Daily Closing Price Open High Low Volume
22 Tue Jun 2021 192.90 192.15 196.00 189.25 0.291 times
21 Mon Jun 2021 192.15 178.95 196.35 172.75 2.542 times
18 Fri Jun 2021 178.50 185.30 186.30 175.15 0.628 times
17 Thu Jun 2021 184.35 192.00 192.35 183.65 0.687 times
16 Wed Jun 2021 185.45 185.00 194.00 183.40 0.815 times
15 Tue Jun 2021 185.75 189.50 190.55 185.10 0.434 times
14 Mon Jun 2021 187.80 188.40 195.40 186.50 0.471 times
11 Fri Jun 2021 188.55 192.10 194.30 184.30 0.571 times
10 Thu Jun 2021 191.85 191.90 195.30 190.60 0.479 times
09 Wed Jun 2021 189.20 192.90 203.00 184.30 1.381 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 189.5, but if it comes below 189.5, then a intra day sell could be more profitable.
If you take a sell trade below 189.5, then use 189.5 as stoploss and 182.59 as target. However if you take a buy trade in stock , then use 189.5 as stoploss and 197.8 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 139.70
Downside Target 169.00
Upside Target 195.00
Upside Target 195.40
Upside Target 196.00
Upside Target 196.35
Upside Target 203.00
Upside Target 228.40
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 178.32
Downside Intraday Target 163.73
Upside Intraday Target 201.92
Upside Intraday Target 210.93
Downside Intraday Target 187.33

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
22 Tue Jun 2021 192.90 178.95 196.35 172.75 0.933 times
18 Fri Jun 2021 178.50 188.40 195.40 175.15 0.636 times
11 Fri Jun 2021 188.55 178.00 203.00 170.00 1.9 times
04 Fri Jun 2021 171.20 179.00 181.60 170.00 0.773 times
28 Fri May 2021 179.30 179.00 195.00 176.40 5.416 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
22 Tue Jun 2021 192.90 178.30 203.00 170.00 1.697 times
31 Mon May 2021 175.55 177.40 195.00 169.00 1.251 times
30 Fri Apr 2021 181.85 224.00 228.40 179.50 0.582 times
31 Wed Mar 2021 216.20 186.05 233.00 171.40 0.656 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Olectra (Olectra)

Indicator Name Indicator Value Indicator Signal
ADX 23, 15, 22 Buy
MACD 2, 0Buy
Stochastics 52None
CCI 101Buy
RSI 67Buy
OBV -322729Sell
VWAP 189Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 BUY. Signal strength is Strong and stock is gaining 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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 188.5 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Click here for further forecast and predictions for tomorrow

Daily charts

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

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