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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)

Showing technical analysis as on 2021-04-01 View latest technical analysis

10 day averaged volume of Olectra is 57282

Date Daily Closing Price Open High Low Volume
01 Thu Apr 2021 219.35 224.00 224.00 218.00 0.399 times
31 Wed Mar 2021 216.20 215.60 224.60 214.50 0.335 times
30 Tue Mar 2021 213.95 211.95 220.95 211.05 0.658 times
26 Fri Mar 2021 213.75 214.00 222.00 205.50 1.483 times
25 Thu Mar 2021 212.75 217.05 218.00 209.40 1.527 times
24 Wed Mar 2021 220.40 223.95 228.20 218.05 0.764 times
23 Tue Mar 2021 225.30 233.00 233.00 223.50 0.599 times
22 Mon Mar 2021 221.95 214.00 221.95 214.00 0.552 times
19 Fri Mar 2021 211.40 206.05 213.45 199.30 1.422 times
18 Thu Mar 2021 209.75 220.00 220.75 205.00 1.037 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 224.5 as stoploss in an intra day sell trade for a target of 210.34. However, stock will show a bullish move above 224.5.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 66.35
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
Downside Target 218.00
Upside Target 224.00
Upside Target 226.65
Upside Target 231.50
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 212.07
Downside Intraday Target 204.78
Upside Intraday Target 225.62
Upside Intraday Target 231.88
Downside Intraday Target 218.33

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
01 Thu Apr 2021 219.35 211.95 224.60 211.05 0.283 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
01 Thu Apr 2021 219.35 224.00 224.00 218.00 0.017 times
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

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 27, 17, 22 Buy
MACD 23, 25Sell
Stochastics 51None
CCI 51Buy
RSI 52Buy
OBV 411814Sell
VWAP 215Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Olectra ( (Olectra) ) based on a short 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 short to mid 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 mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Olectra stock for short term is BUY. Signal strength is Strong and stock is losing 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. Bulls 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 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 214.97 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

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Daily chart

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