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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 45889

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 543.50 549.00 555.45 536.35 0.428 times
19 Thu May 2022 540.15 534.10 550.00 534.10 0.649 times
18 Wed May 2022 559.55 598.00 598.00 556.00 0.677 times
17 Tue May 2022 581.10 574.75 589.95 566.45 0.503 times
16 Mon May 2022 569.85 559.00 575.00 548.05 0.418 times
13 Fri May 2022 549.00 543.00 568.50 543.00 1.428 times
12 Thu May 2022 541.45 560.05 561.00 541.00 0.405 times
11 Wed May 2022 569.35 578.90 592.00 555.25 0.928 times
10 Tue May 2022 581.50 600.00 616.70 576.65 0.699 times
09 Mon May 2022 607.00 622.05 622.05 600.00 2.772 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 556.3, but if it comes above 556.3, then a intra day buy could be more profitable.
If you take a sell trade below 556.3, then use 556.3 as stoploss and 499.1 as target. However if you take a buy trade in stock , then use 556.3 as stoploss and 603.94 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 534.10
Upside Target 565.00
Upside Target 577.65
Upside Target 598.00
Upside Target 622.05
Upside Target 659.95
Upside Target 675.65
Upside Target 696.30
Upside Target 699.95
Upside Target 724.25
Upside Target 725.95
Upside Target 739.40
Upside Target 880.00
Upside Target 887.15

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 519.07
Downside Intraday Target 494.63
Upside Intraday Target 582.97
Upside Intraday Target 622.43
Upside Intraday Target 558.53

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
20 Fri May 2022 543.50 559.00 598.00 534.10 0.429 times
13 Fri May 2022 549.00 622.05 622.05 541.00 1.834 times
06 Fri May 2022 592.45 638.00 659.95 582.55 0.895 times
29 Fri Apr 2022 636.75 684.90 696.30 625.65 1.248 times
22 Fri Apr 2022 683.05 712.05 724.25 675.65 1.449 times

Price has moved down 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
20 Fri May 2022 543.50 638.00 659.95 534.10 0.765 times
29 Fri Apr 2022 636.75 666.95 739.40 625.65 0.788 times
31 Thu Mar 2022 668.90 625.60 699.95 565.00 0.857 times
28 Mon Feb 2022 635.60 849.00 887.15 577.65 1.384 times

Scroll below to view daily charts

Price has moved down 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 13, 29, 39 Sell
MACD -60, -54Sell
Stochastics 12Sell
CCI -87Buy
RSI 47Sell
OBV -165849Sell
VWAP 574Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Olectra in short term and the sell signal is strong.

Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 574.06 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.

Click here for Olectra charts

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Daily charts

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Daily chart

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