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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 2021-05-05 View latest technical analysis

10 day averaged volume of Olectra is 38951

Date Daily Closing Price Open High Low Volume
05 Wed May 2021 185.60 186.10 193.75 184.00 1.047 times
04 Tue May 2021 189.60 176.65 190.55 176.65 2.183 times
03 Mon May 2021 181.50 177.40 185.60 177.40 0.834 times
30 Fri Apr 2021 181.85 185.00 189.00 180.00 1.005 times
29 Thu Apr 2021 185.25 191.90 191.90 184.10 0.595 times
28 Wed Apr 2021 189.20 189.05 191.30 188.25 0.181 times
27 Tue Apr 2021 188.95 184.05 192.00 184.05 0.681 times
26 Mon Apr 2021 186.15 184.50 191.50 184.10 1.079 times
23 Fri Apr 2021 186.65 188.85 195.95 185.25 0.645 times
22 Thu Apr 2021 188.85 188.10 192.00 179.50 1.538 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 181.7 as stoploss in an intra day buy trade for a target of 195.1. However, stock will show a bearish move below 181.7.

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 176.65
Upside Target 187.00
Upside Target 192.00
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 176.92
Downside Intraday Target 168.23
Upside Intraday Target 194.02
Upside Intraday Target 202.43
Downside Intraday Target 185.33

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
05 Wed May 2021 185.60 177.40 193.75 176.65 1.148 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 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
05 Wed May 2021 185.60 177.40 193.75 176.65 0.2 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 up 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, 22, 21 Sell
MACD -5, -4Sell
Stochastics 45None
CCI 39Buy
RSI 46Sell
OBV 79448Sell
VWAP 187Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 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 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 coming down

CCI has generated a buy signal for Olectra in short term and BUY 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

Stock of Olectra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 186.68 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.

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Daily charts

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