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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)

10 day averaged volume of Olectra is 82070

Date Daily Closing Price Open High Low Volume
26 Fri Apr 2024 1746.05 1600.05 1769.85 1600.05 4.761 times
25 Thu Apr 2024 1812.35 1782.00 1833.45 1774.55 0.46 times
24 Wed Apr 2024 1773.40 1796.95 1821.90 1750.00 0.92 times
23 Tue Apr 2024 1765.80 1807.65 1818.70 1750.10 0.746 times
22 Mon Apr 2024 1794.65 1786.50 1809.00 1768.00 0.334 times
19 Fri Apr 2024 1751.55 1750.15 1761.00 1721.25 1.454 times
18 Thu Apr 2024 1773.65 1771.65 1822.00 1760.00 0.552 times
16 Tue Apr 2024 1765.85 1729.00 1790.00 1720.00 0.854 times
15 Mon Apr 2024 1738.95 1705.05 1767.00 1700.00 3.235 times
12 Fri Apr 2024 1827.55 1846.15 1870.50 1818.00 0.48 times

Stock of Olectra (Olectra) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1769.4, but if it comes above 1769.4, then a intra day buy could be more profitable.
If you take a sell trade below 1769.4, then use 1769.4 as stoploss and 1688.6 as target. However if you take a buy trade in stock , then use 1769.4 as stoploss and 1836.8 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1178.00
Downside Target 1328.05
Downside Target 1378.55
Downside Target 1550.00
Downside Target 1600.05
Downside Target 1700.00
Upside Target 1758.05
Upside Target 1808.50
Upside Target 1897.00
Upside Target 1936.95
Upside Target 1963.85
Upside Target 2011.85
Upside Target 2012.45
Upside Target 2222.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 1619.58
Downside Intraday Target 1493.12
Upside Intraday Target 1852.98
Upside Intraday Target 1959.92
Downside Intraday Target 1726.52

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
26 Fri Apr 2024 1746.05 1786.50 1833.45 1600.05 1.185 times
19 Fri Apr 2024 1751.55 1705.05 1822.00 1700.00 2.478 times
12 Fri Apr 2024 1827.55 1936.95 1936.95 1818.00 0.524 times
05 Fri Apr 2024 1920.35 1902.95 2012.45 1897.00 0.787 times
28 Thu Mar 2024 1888.75 1789.85 1963.85 1758.05 1.308 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
26 Fri Apr 2024 1746.05 1902.95 2012.45 1600.05 0.778 times
28 Thu Mar 2024 1888.75 1983.95 2011.85 1550.00 0.506 times
29 Thu Feb 2024 1966.80 1758.85 2222.00 1714.15 0.817 times
31 Wed Jan 2024 1741.10 1349.00 1808.50 1328.05 2.563 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)

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 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 1756.41 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.

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 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 1756.41 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

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Daily chart
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