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