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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 2021-04-07 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)

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 195.90
Downside Target 205.50
Upside Target 224.60
Upside Target 228.40
Upside Target 231.50
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
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
MACD 21, 23Sell
Stochastics 52None
CCI 66Buy
RSI 50Sell
OBV 543257Sell
VWAP 217Buy
ADL 0Sell
ROC -1Sell
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 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.

Click here for Olectra charts

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Daily charts

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Daily chart

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