logo munafa.co.com

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-05-10 View latest technical analysis

10 day averaged volume of Olectra is 36699

Date Daily Closing Price Open High Low Volume
10 Mon May 2021 173.10 183.90 183.90 171.00 1.893 times
07 Fri May 2021 178.25 180.35 184.00 176.60 1.333 times
06 Thu May 2021 180.35 184.00 189.30 179.60 0.595 times
05 Wed May 2021 185.60 186.10 193.75 184.00 1.111 times
04 Tue May 2021 189.60 176.65 190.55 176.65 2.317 times
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 1.067 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 0.723 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 178.7, but if it comes above 178.7, then a intra day buy could be more profitable.
If you take a sell trade below 178.7, then use 178.7 as stoploss and 166.6 as target. However if you take a buy trade in stock , then use 178.7 as stoploss and 188.8 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 171.00
Upside Target 176.60
Upside Target 183.90
Upside Target 192.00
Upside Target 193.75
Upside Target 195.95
Upside Target 196.00
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 168.1
Downside Intraday Target 163.1
Upside Intraday Target 181
Upside Intraday Target 188.9
Upside Intraday Target 176

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
10 Mon May 2021 173.10 183.90 183.90 171.00 0.303 times
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

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
10 Mon May 2021 173.10 177.40 193.75 171.00 0.377 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 10, 28, 46 Sell
MACD -8, -5Sell
Stochastics 13Sell
CCI -159Sell
RSI 47Sell
OBV -139085Sell
VWAP 183Sell
ADL 0Sell
ROC -7Sell
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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 182.62 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme