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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 2021-04-28 View latest technical analysis

10 day averaged volume of Olectra is 41892

Date Daily Closing Price Open High Low Volume
28 Wed Apr 2021 189.20 189.05 191.30 188.25 0.168 times
27 Tue Apr 2021 188.95 184.05 192.00 184.05 0.633 times
26 Mon Apr 2021 186.15 184.50 191.50 184.10 1.003 times
23 Fri Apr 2021 186.65 188.85 195.95 185.25 0.599 times
22 Thu Apr 2021 188.85 188.10 192.00 179.50 1.43 times
20 Tue Apr 2021 187.20 189.60 193.55 181.50 1.17 times
19 Mon Apr 2021 184.35 192.00 192.00 184.35 0.494 times
16 Fri Apr 2021 194.05 190.00 198.25 187.00 1.779 times
15 Thu Apr 2021 188.85 198.15 198.15 188.25 1.555 times
13 Tue Apr 2021 198.15 207.00 207.00 198.15 0.817 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 188.8 as stoploss in an intra day buy trade for a target of 202.92. However, stock will show a bearish move below 188.8.

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 179.50
Downside Target 184.05
Upside Target 192.00
Upside Target 195.95
Upside Target 208.40
Upside Target 218.00
Upside Target 224.60
Upside Target 228.40
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 184.83
Downside Intraday Target 180.47
Upside Intraday Target 192.78
Upside Intraday Target 196.37
Downside Intraday Target 188.42

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
28 Wed Apr 2021 189.20 184.50 192.00 184.05 0.488 times
23 Fri Apr 2021 186.65 192.00 195.95 179.50 0.791 times
16 Fri Apr 2021 194.05 218.00 218.00 187.00 0.699 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

Price has moved up 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
28 Wed Apr 2021 189.20 224.00 228.40 179.50 0.536 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 11, 23, 38 Sell
MACD -3, 1Sell
Stochastics 25Sell
CCI -12Buy
RSI 39Sell
OBV 207231Sell
VWAP 190Sell
ADL 0Sell
ROC -9Sell
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Olectra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Olectra in short term and the sell signal is strong.

Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

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 189.76 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 negative.

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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