logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-04-15 View latest technical analysis

10 day averaged volume of Olectra is 41552

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 188.85 198.15 198.15 188.25 1.568 times
13 Tue Apr 2021 198.15 207.00 207.00 198.15 0.824 times
12 Mon Apr 2021 208.55 218.00 218.00 208.55 0.523 times
09 Fri Apr 2021 219.50 218.20 223.50 215.00 1.677 times
08 Thu Apr 2021 218.20 223.10 227.00 215.55 0.627 times
07 Wed Apr 2021 220.85 220.00 227.35 218.20 0.68 times
06 Tue Apr 2021 218.70 218.55 223.10 210.40 2.478 times
05 Mon Apr 2021 216.95 228.40 228.40 208.40 1.273 times
01 Thu Apr 2021 219.35 224.00 224.00 218.00 0.55 times
31 Wed Mar 2021 216.20 215.60 224.60 214.50 0.462 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 196, for a target of 206.2 or 214.71

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 188.25
Upside Target 196.00
Upside 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 178.73
Downside Intraday Target 168.62
Upside Intraday Target 208.48
Upside Intraday Target 228.12
Upside Intraday Target 198.37

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 188.85 218.00 218.00 188.25 0.433 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
15 Thu Apr 2021 188.85 224.00 228.40 188.25 0.312 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 14, 35, 43 Sell
MACD 10, 17Sell
Stochastics 5Sell
CCI -198Sell
RSI 41Sell
OBV 89109Sell
VWAP 212Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Olectra stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 212.17 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme