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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 18271

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 618.80 612.90 620.95 607.00 0.858 times
11 Thu Aug 2022 610.95 606.30 615.60 605.00 0.929 times
10 Wed Aug 2022 604.90 606.00 614.55 602.05 0.899 times
08 Mon Aug 2022 606.00 614.00 618.55 602.40 1.232 times
05 Fri Aug 2022 614.10 622.00 628.00 611.00 0.47 times
04 Thu Aug 2022 614.05 633.75 635.20 604.55 0.713 times
03 Wed Aug 2022 626.75 644.00 646.55 623.80 1.002 times
02 Tue Aug 2022 643.60 658.00 660.00 640.10 0.556 times
01 Mon Aug 2022 644.25 644.00 649.95 632.55 0.687 times
30 Sat Jul 2022 638.40 640.00 649.50 634.95 1.047 times

My analysis of stock is bearish for shortterm, and stock might move down till 604.8 or till 584.3. Use a stoploss of 621.87 and if the stock hits stoploss, then it can shoot up till 638.94

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 534.10
Downside Target 560.00
Downside Target 592.00
Upside Target 620.95
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 606.92
Downside Intraday Target 595.03
Upside Intraday Target 625.82
Upside Intraday Target 632.83
Downside Intraday Target 613.93

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 618.80 614.00 620.95 602.05 1.143 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 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
12 Fri Aug 2022 618.80 644.00 660.00 602.05 0.242 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, 20, 6 Sell
MACD 4, 8Sell
Stochastics 16Sell
CCI -43Buy
RSI 50Buy
OBV 236237Sell
VWAP 621Sell
ADL 0Sell
ROC -1Sell
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 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 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 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 losing momentum.

MACD generated a SELL signal for Olectra in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 621.02 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 positive

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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