(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 2021-05-07 View latest technical analysis
10 day averaged volume of Olectra is 34317
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Fri May 2021||178.25||180.35||184.00||176.60||1.426 times|
|06 Thu May 2021||180.35||184.00||189.30||179.60||0.636 times|
|05 Wed May 2021||185.60||186.10||193.75||184.00||1.188 times|
|04 Tue May 2021||189.60||176.65||190.55||176.65||2.478 times|
|03 Mon May 2021||181.50||177.40||185.60||177.40||0.947 times|
|30 Fri Apr 2021||181.85||185.00||189.00||180.00||1.141 times|
|29 Thu Apr 2021||185.25||191.90||191.90||184.10||0.675 times|
|28 Wed Apr 2021||189.20||189.05||191.30||188.25||0.205 times|
|27 Tue Apr 2021||188.95||184.05||192.00||184.05||0.773 times|
|26 Mon Apr 2021||186.15||184.50||191.50||184.10||1.225 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 179.8, but if it comes above 179.8, then a intra day buy could be more profitable.
If you take a sell trade below 179.8, then use 179.8 as stoploss and 166.2 as target. However if you take a buy trade in stock , then use 179.8 as stoploss and 191.05 as target.
Share price targets for Olectra (Olectra)
Intraday share price targets for Olectra (Olectra)
|Downside Intraday Target||171.98|
|Downside Intraday Target||165.72|
|Upside Intraday Target||189.13|
|Upside Intraday Target||200.02|
|Upside Intraday Target||182.87|
Weekly technical analysis of Olectra (Olectra)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Fri May 2021||178.25||177.40||193.75||176.60||1.661 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Olectra (Olectra)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|07 Fri May 2021||178.25||177.40||193.75||176.60||0.29 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||12, 25, 37||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 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 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 184.82 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.