(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 2021-04-07 View latest technical analysis
10 day averaged volume of Olectra is 51769
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Wed Apr 2021||220.85||220.00||227.35||218.20||0.546 times|
|06 Tue Apr 2021||218.70||218.55||223.10||210.40||1.989 times|
|05 Mon Apr 2021||216.95||228.40||228.40||208.40||1.022 times|
|01 Thu Apr 2021||219.35||224.00||224.00||218.00||0.442 times|
|31 Wed Mar 2021||216.20||215.60||224.60||214.50||0.371 times|
|30 Tue Mar 2021||213.95||211.95||220.95||211.05||0.728 times|
|26 Fri Mar 2021||213.75||214.00||222.00||205.50||1.641 times|
|25 Thu Mar 2021||212.75||217.05||218.00||209.40||1.689 times|
|24 Wed Mar 2021||220.40||223.95||228.20||218.05||0.846 times|
|23 Tue Mar 2021||225.30||233.00||233.00||223.50||0.663 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 223 as stoploss in an intra day sell trade for a target of 216.01. However, stock will show a bullish move above 223.
Share price targets for Olectra (Olectra)
Intraday share price targets for Olectra (Olectra)
|Downside Intraday Target||210.03|
|Downside Intraday Target||199.22|
|Upside Intraday Target||230.03|
|Upside Intraday Target||239.22|
|Downside Intraday Target||219.22|
Weekly technical analysis of Olectra (Olectra)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Wed Apr 2021||220.85||228.40||228.40||208.40||2.309 times|
|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|
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|
|07 Wed Apr 2021||220.85||224.00||228.40||208.40||0.152 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||23, 19, 10||Buy|
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 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 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 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 Weak 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. 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 SELL signal in short term
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 216.98 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.