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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 19305

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 606.00 614.00 618.55 602.40 1.166 times
05 Fri Aug 2022 614.10 622.00 628.00 611.00 0.445 times
04 Thu Aug 2022 614.05 633.75 635.20 604.55 0.675 times
03 Wed Aug 2022 626.75 644.00 646.55 623.80 0.949 times
02 Tue Aug 2022 643.60 658.00 660.00 640.10 0.526 times
01 Mon Aug 2022 644.25 644.00 649.95 632.55 0.65 times
30 Sat Jul 2022 638.40 640.00 649.50 634.95 0.991 times
28 Thu Jul 2022 626.90 644.00 660.00 623.00 2.334 times
27 Wed Jul 2022 642.15 636.90 647.35 621.70 0.63 times
26 Tue Jul 2022 630.60 645.10 649.70 626.00 1.275 times

My analysis of stock is bearish for shortterm, and stock might move down till 591.9 or till 562.8. Use a stoploss of 616.19 and if the stock hits stoploss, then it can shoot up till 640.45

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 534.10
Downside Target 560.00
Downside Target 592.00
Upside Target 618.55
Upside Target 647.40
Upside Target 659.95
Upside Target 660.00
Upside Target 729.00
Upside Target 739.40

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 599.42
Downside Intraday Target 592.83
Upside Intraday Target 615.57
Upside Intraday Target 625.13
Upside Intraday Target 608.98

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 606.00 614.00 618.55 602.40 0.359 times
05 Fri Aug 2022 614.10 644.00 660.00 604.55 0.48 times
30 Sat Jul 2022 638.40 658.00 660.00 621.70 0.503 times
22 Fri Jul 2022 644.50 617.95 647.40 597.85 6.155 times
14 Thu Jul 2022 583.10 571.95 592.00 560.00 0.374 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
08 Mon Aug 2022 606.00 644.00 660.00 602.40 0.154 times
30 Sat Jul 2022 638.40 590.00 660.00 560.00 0.264 times
30 Thu Jun 2022 587.15 586.40 729.00 538.00 2.194 times
31 Tue May 2022 582.85 638.00 659.95 534.10 1.297 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 17, 23, 15 Sell
MACD 8, 12Sell
Stochastics 14Sell
CCI -150Sell
RSI 50Sell
OBV 204653Sell
VWAP 628Sell
ADL 0Sell
ROC -6Sell
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 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 mid to longer 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.

ADX buy sell signal for Olectra stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 627.62 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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Daily chart

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