(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)
Intraday share price targets for Olectra (Olectra)
|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|
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.