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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 84576

Date Daily Closing Price Open High Low Volume
29 Thu Jul 2021 287.25 280.60 293.90 268.25 1.33 times
28 Wed Jul 2021 280.25 280.50 280.50 263.00 1.574 times
27 Tue Jul 2021 267.15 259.90 267.15 257.20 1.192 times
26 Mon Jul 2021 254.45 242.80 254.90 240.05 1.381 times
23 Fri Jul 2021 242.80 239.90 245.00 233.05 0.371 times
22 Thu Jul 2021 236.05 232.90 240.00 232.90 0.406 times
20 Tue Jul 2021 234.15 237.10 244.50 228.65 0.366 times
19 Mon Jul 2021 240.65 235.50 247.70 235.50 0.397 times
16 Fri Jul 2021 244.50 249.00 249.00 241.05 0.26 times
15 Thu Jul 2021 242.75 251.00 251.00 240.00 0.47 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 282.2, for a target of 264.3 or 249.36

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 169.00
Downside Target 179.50
Downside Target 195.00
Downside Target 208.15
Downside Target 221.20
Downside Target 226.50
Downside Target 240.05
Downside Target 245.35
Downside Target 247.70
Downside Target 253.00
Downside Target 277.85
Upside Target 293.90

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 253.57
Downside Intraday Target 219.88
Upside Intraday Target 307.42
Upside Intraday Target 327.58
Downside Intraday Target 273.73

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
29 Thu Jul 2021 287.25 242.80 293.90 240.05 3.556 times
23 Fri Jul 2021 242.80 235.50 247.70 228.65 0.155 times
16 Fri Jul 2021 244.50 251.45 253.00 235.00 0.903 times
09 Fri Jul 2021 245.20 246.00 277.85 236.40 0.818 times
02 Fri Jul 2021 243.55 222.00 245.35 208.15 0.559 times

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

Monthly technical analysis of Olectra (Olectra)

Date Monthly Closing Price Open High Low Volume
29 Thu Jul 2021 287.25 230.00 293.90 221.20 0.79 times
30 Wed Jun 2021 223.10 178.30 226.50 170.00 3.873 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

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 41, 10, 61 Buy
MACD 29, 25Buy
Stochastics 96Buy
CCI 157Buy
RSI 69Buy
OBV 1006300Sell
VWAP 263Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

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 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 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 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 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 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 263.04 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

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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