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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 58783

Date Daily Closing Price Open High Low Volume
19 Tue Oct 2021 535.20 572.40 575.00 535.20 0.802 times
18 Mon Oct 2021 563.35 589.00 589.00 551.00 0.809 times
14 Thu Oct 2021 570.10 598.00 602.10 550.35 1.277 times
13 Wed Oct 2021 579.30 578.05 579.30 566.00 0.742 times
12 Tue Oct 2021 551.75 551.75 551.75 535.00 1.634 times
11 Mon Oct 2021 525.50 506.00 525.50 491.00 0.176 times
08 Fri Oct 2021 500.50 514.75 514.75 490.00 0.489 times
07 Thu Oct 2021 494.65 482.00 501.00 482.00 0.525 times
06 Wed Oct 2021 481.40 500.00 501.95 466.00 1.229 times
05 Tue Oct 2021 481.15 481.00 481.15 465.10 2.025 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 534.8, but if it comes below 534.8, then a intra day sell could be more profitable.
If you take a sell trade below 534.8, then use 534.8 as stoploss and 475.19 as target. However if you take a buy trade in stock , then use 534.8 as stoploss and 606.3 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 170.00
Downside Target 221.20
Downside Target 226.50
Downside Target 275.70
Downside Target 290.55
Downside Target 301.60
Downside Target 348.95
Downside Target 372.00
Downside Target 400.00
Downside Target 436.45
Downside Target 454.00
Downside Target 491.00
Downside Target 514.75
Downside Target 535.20
Upside Target 589.00
Upside Target 602.10

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 517.27
Downside Intraday Target 499.33
Upside Intraday Target 571.07
Upside Intraday Target 606.93
Upside Intraday Target 553.13

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
19 Tue Oct 2021 535.20 589.00 589.00 535.20 0.421 times
14 Thu Oct 2021 570.10 506.00 602.10 491.00 0.714 times
08 Fri Oct 2021 500.50 456.00 514.75 454.00 2.249 times
01 Fri Oct 2021 436.45 420.50 436.45 400.00 0.753 times
24 Fri Sep 2021 420.50 383.90 443.50 372.00 0.406 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
19 Tue Oct 2021 535.20 404.25 602.10 404.25 0.546 times
30 Thu Sep 2021 415.70 304.80 443.50 290.55 0.788 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

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 39, 8, 67 Buy
MACD 98, 92Buy
Stochastics 70None
CCI 40Sell
RSI 67Buy
OBV 277586Sell
VWAP 526Buy
ADL 0Sell
ROC 17Buy
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.

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 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 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 526.1 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.

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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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