[moreButton]
 Learn then Earn

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

(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)

Showing technical analysis as on 2021-03-31 View latest technical analysis

10 day averaged volume of Olectra is 69647

Date Daily Closing Price Open High Low Volume
31 Wed Mar 2021 216.20 215.60 224.60 214.50 0.276 times
30 Tue Mar 2021 213.95 211.95 220.95 211.05 0.541 times
26 Fri Mar 2021 213.75 214.00 222.00 205.50 1.22 times
25 Thu Mar 2021 212.75 217.05 218.00 209.40 1.256 times
24 Wed Mar 2021 220.40 223.95 228.20 218.05 0.629 times
23 Tue Mar 2021 225.30 233.00 233.00 223.50 0.493 times
22 Mon Mar 2021 221.95 214.00 221.95 214.00 0.454 times
19 Fri Mar 2021 211.40 206.05 213.45 199.30 1.169 times
18 Thu Mar 2021 209.75 220.00 220.75 205.00 0.853 times
17 Wed Mar 2021 214.25 230.00 231.50 214.15 1.335 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 224 as stoploss in an intra day sell trade for a target of 208.23. However, stock will show a bullish move above 224.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 56.70
Downside Target 66.35
Downside Target 69.00
Downside Target 125.00
Downside Target 139.70
Downside Target 143.30
Downside Target 148.55
Downside Target 171.40
Downside Target 186.60
Downside Target 195.90
Downside Target 205.50
Downside Target 211.05
Upside Target 224.60
Upside Target 231.50
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 209.97
Downside Intraday Target 203.73
Upside Intraday Target 223.52
Upside Intraday Target 230.83
Upside Intraday Target 217.28

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
31 Wed Mar 2021 216.20 211.95 224.60 211.05 0.202 times
26 Fri Mar 2021 213.75 214.00 233.00 205.50 0.614 times
19 Fri Mar 2021 211.40 231.00 231.50 199.30 1.288 times
12 Fri Mar 2021 226.50 195.90 226.65 195.90 1.748 times
05 Fri Mar 2021 186.60 186.05 186.60 171.40 0.31 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
31 Wed Mar 2021 216.20 186.05 233.00 171.40 0.656 times
26 Fri Feb 2021 181.15 141.30 196.00 139.70 1.493 times
29 Fri Jan 2021 137.55 138.20 148.55 125.00 0.509 times
31 Thu Dec 2020 135.85 70.00 143.30 66.35 6.733 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 29, 19, 22 Buy
MACD 23, 26Sell
Stochastics 46None
CCI 22Buy
RSI 53Buy
OBV 350953Sell
VWAP 215Buy
ADL 0Sell
ROC -4Sell
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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Olectra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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

Stock of Olectra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 214.68 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 has given negative 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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme