(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 41224
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 569.30 | 572.60 | 582.60 | 567.05 | 0.553 times |
| 26 Thu May 2022 | 572.60 | 584.80 | 590.00 | 551.45 | 0.491 times |
| 25 Wed May 2022 | 575.80 | 607.95 | 607.95 | 567.65 | 0.684 times |
| 24 Tue May 2022 | 586.05 | 592.60 | 592.75 | 580.20 | 2.744 times |
| 23 Mon May 2022 | 564.55 | 556.95 | 570.65 | 542.90 | 1.515 times |
| 20 Fri May 2022 | 543.50 | 549.00 | 555.45 | 536.35 | 0.476 times |
| 19 Thu May 2022 | 540.15 | 534.10 | 550.00 | 534.10 | 0.722 times |
| 18 Wed May 2022 | 559.55 | 598.00 | 598.00 | 556.00 | 0.754 times |
| 17 Tue May 2022 | 581.10 | 574.75 | 589.95 | 566.45 | 0.559 times |
| 16 Mon May 2022 | 569.85 | 559.00 | 575.00 | 548.05 | 0.465 times |
My analysis of stock is bearish for shortterm, and stock might move down till 552.2 or till 518.9. Use a stoploss of 579.9 and if the stock hits stoploss, then it can shoot up till 607.62
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 534.10 |
| Downside Target | 565.00 |
| Upside Target | 577.65 |
| Upside Target | 598.00 |
| 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 | 538.82 |
| Downside Intraday Target | 508.33 |
| Upside Intraday Target | 603.87 |
| Upside Intraday Target | 638.43 |
| Upside Intraday Target | 573.38 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 569.30 | 556.95 | 607.95 | 542.90 | 2.011 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, 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 |
| 27 Fri May 2022 | 569.30 | 638.00 | 659.95 | 534.10 | 1.099 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 | 20, 22, 4 | Sell |
| MACD | -44, -50 | Buy |
| Stochastics | 52 | None |
| CCI | 31 | Buy |
| RSI | 54 | Buy |
| OBV | -27731 | Sell |
| VWAP | 571 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is gaining 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. Bulls are getting tired and bears are picking up momentum.
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 buy signal for Olectra in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 570.53 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. 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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