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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 2021-05-11 View latest technical analysis

10 day averaged volume of Olectra is 39443

Date Daily Closing Price Open High Low Volume
11 Tue May 2021 181.75 169.60 181.75 169.00 1.973 times
10 Mon May 2021 173.10 183.90 183.90 171.00 1.761 times
07 Fri May 2021 178.25 180.35 184.00 176.60 1.241 times
06 Thu May 2021 180.35 184.00 189.30 179.60 0.553 times
05 Wed May 2021 185.60 186.10 193.75 184.00 1.034 times
04 Tue May 2021 189.60 176.65 190.55 176.65 2.156 times
03 Mon May 2021 181.50 177.40 185.60 177.40 0.824 times
30 Fri Apr 2021 181.85 185.00 189.00 180.00 0.993 times
29 Thu Apr 2021 185.25 191.90 191.90 184.10 0.587 times
28 Wed Apr 2021 189.20 189.05 191.30 188.25 0.178 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 179.6 as stoploss in an intra day buy trade for a target of 186.91. However, stock will show a bearish move below 179.6.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 125.00
Downside Target 139.70
Downside Target 148.55
Downside Target 169.00
Downside 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 172.53
Downside Intraday Target 163.32
Upside Intraday Target 187.43
Upside Intraday Target 193.12
Downside Intraday Target 178.22

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
11 Tue May 2021 181.75 183.90 183.90 169.00 0.643 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 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
11 Tue May 2021 181.75 177.40 193.75 169.00 0.476 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 9, 26, 49 Sell
MACD -8, -6Sell
Stochastics 23Sell
CCI -104Buy
RSI 50Sell
OBV -35210Sell
VWAP 182Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 182.09 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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