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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 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, -50Buy
Stochastics 52None
CCI 31Buy
RSI 54Buy
OBV -27731Sell
VWAP 571Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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