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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 2021-04-12 View latest technical analysis

10 day averaged volume of Olectra is 53194

Date Daily Closing Price Open High Low Volume
12 Mon Apr 2021 208.55 218.00 218.00 208.55 0.408 times
09 Fri Apr 2021 219.50 218.20 223.50 215.00 1.31 times
08 Thu Apr 2021 218.20 223.10 227.00 215.55 0.49 times
07 Wed Apr 2021 220.85 220.00 227.35 218.20 0.531 times
06 Tue Apr 2021 218.70 218.55 223.10 210.40 1.935 times
05 Mon Apr 2021 216.95 228.40 228.40 208.40 0.994 times
01 Thu Apr 2021 219.35 224.00 224.00 218.00 0.43 times
31 Wed Mar 2021 216.20 215.60 224.60 214.50 0.361 times
30 Tue Mar 2021 213.95 211.95 220.95 211.05 0.708 times
26 Fri Mar 2021 213.75 214.00 222.00 205.50 1.597 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 206.5, for a target of 212.5 or 217.45

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 196.00
Downside Target 205.50
Upside Target 218.00
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 205.4
Downside Intraday Target 202.25
Upside Intraday Target 214.85
Upside Intraday Target 221.15
Upside Intraday Target 211.7

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
12 Mon Apr 2021 208.55 218.00 218.00 208.55 0.078 times
09 Fri Apr 2021 219.50 228.40 228.40 208.40 3.51 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

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
12 Mon Apr 2021 208.55 224.00 228.40 208.40 0.239 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 down 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 17, 22, 12 Sell
MACD 17, 20Sell
Stochastics 43None
CCI -159Sell
RSI 46Sell
OBV 540883Sell
VWAP 217Sell
ADL 0Sell
ROC -2Sell
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 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 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 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 SELL. 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. Bears 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 coming down

CCI has generated a SELL signal for Olectra in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 216.89 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. 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 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

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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