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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 2021-05-03 View latest technical analysis

10 day averaged volume of Olectra is 36716

Date Daily Closing Price Open High Low Volume
03 Mon May 2021 181.50 177.40 185.60 177.40 0.885 times
30 Fri Apr 2021 181.85 185.00 189.00 180.00 1.066 times
29 Thu Apr 2021 185.25 191.90 191.90 184.10 0.631 times
28 Wed Apr 2021 189.20 189.05 191.30 188.25 0.192 times
27 Tue Apr 2021 188.95 184.05 192.00 184.05 0.722 times
26 Mon Apr 2021 186.15 184.50 191.50 184.10 1.145 times
23 Fri Apr 2021 186.65 188.85 195.95 185.25 0.684 times
22 Thu Apr 2021 188.85 188.10 192.00 179.50 1.632 times
20 Tue Apr 2021 187.20 189.60 193.55 181.50 1.335 times
19 Mon Apr 2021 184.35 192.00 192.00 184.35 0.563 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 183.4, but if it comes above 183.4, then a intra day buy could be more profitable.
If you take a sell trade below 183.4, then use 183.4 as stoploss and 165.7 as target. However if you take a buy trade in stock , then use 183.4 as stoploss and 198.16 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 125.00
Downside Target 139.70
Downside Target 148.55
Downside Target 171.40
Downside Target 177.40
Upside Target 185.60
Upside Target 192.00
Upside Target 195.95
Upside Target 196.00
Upside Target 208.40
Upside Target 218.00
Upside Target 228.40
Upside Target 233.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 177.4
Downside Intraday Target 173.3
Upside Intraday Target 185.6
Upside Intraday Target 189.7
Downside Intraday Target 181.5

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
03 Mon May 2021 181.50 177.40 185.60 177.40 0.236 times
30 Fri Apr 2021 181.85 184.50 192.00 180.00 0.891 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

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
03 Mon May 2021 181.50 177.40 185.60 177.40 0.041 times
30 Fri Apr 2021 181.85 224.00 228.40 179.50 0.582 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

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 8, 28, 55 Sell
MACD -5, -2Sell
Stochastics 22Sell
CCI -208Sell
RSI 43Sell
OBV 77255Sell
VWAP 186Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 gaining 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 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 but selling is losing 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 185.98 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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