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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 34395

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 586.05 592.60 592.75 580.20 3.289 times
23 Mon May 2022 564.55 556.95 570.65 542.90 1.816 times
20 Fri May 2022 543.50 549.00 555.45 536.35 0.571 times
19 Thu May 2022 540.15 534.10 550.00 534.10 0.866 times
18 Wed May 2022 559.55 598.00 598.00 556.00 0.903 times
17 Tue May 2022 581.10 574.75 589.95 566.45 0.67 times
16 Mon May 2022 569.85 559.00 575.00 548.05 0.558 times
13 Fri May 2022 549.00 543.00 568.50 543.00 1.905 times
12 Thu May 2022 541.45 560.05 561.00 541.00 0.54 times
11 Wed May 2022 569.35 578.90 592.00 555.25 1.238 times

Stock of Olectra (Olectra) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 552 or till 501.4. Use a stoploss of 594.16 and if the stock hits stoploss, then it can shoot up till 636.33

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 534.10
Downside Target 565.00
Downside Target 577.65
Upside Target 622.05
Upside Target 659.95
Upside Target 696.30
Upside Target 699.95
Upside Target 725.95
Upside Target 739.40
Upside Target 880.00
Upside Target 887.15

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 555.05
Downside Intraday Target 524.05
Upside Intraday Target 604.9
Upside Intraday Target 623.75
Downside Intraday Target 573.9

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 586.05 556.95 592.75 542.90 1.431 times
20 Fri May 2022 543.50 559.00 598.00 534.10 0.429 times
13 Fri May 2022 549.00 622.05 622.05 541.00 1.834 times
06 Fri May 2022 592.45 638.00 659.95 582.55 0.895 times
29 Fri Apr 2022 636.75 684.90 696.30 625.65 1.248 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
24 Tue May 2022 586.05 638.00 659.95 534.10 1.003 times
29 Fri Apr 2022 636.75 666.95 739.40 625.65 0.788 times
31 Thu Mar 2022 668.90 625.60 699.95 565.00 0.857 times
28 Mon Feb 2022 635.60 849.00 887.15 577.65 1.384 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 22, 24, 3 Sell
MACD -52, -54Buy
Stochastics 43None
CCI 129Buy
RSI 49Sell
OBV -384Sell
VWAP 565Buy
ADL 0Sell
ROC 1Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Olectra in short term but the buy signal is initial and weak.

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

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 moving up

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 565.44 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Olectra (Olectra) stock. Volume based technical analysis of Olectra (Olectra) stock is negative.

Olectra Stock is giving positive 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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Daily chart

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