(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)
Intraday share price targets for Olectra (Olectra)
|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|
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.