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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)

Showing technical analysis as on 2021-09-23 View latest technical analysis

10 day averaged volume of Olectra is 76397

Date Daily Closing Price Open High Low Volume
23 Thu Sep 2021 422.05 439.80 443.50 415.25 0.737 times
22 Wed Sep 2021 422.40 422.40 422.40 419.00 0.417 times
21 Tue Sep 2021 402.30 389.50 402.30 381.05 0.302 times
20 Mon Sep 2021 383.15 383.90 395.00 372.00 0.541 times
17 Fri Sep 2021 385.60 389.00 398.00 370.15 0.465 times
16 Thu Sep 2021 389.60 405.00 407.00 385.05 0.794 times
15 Wed Sep 2021 403.25 416.90 417.55 380.10 2.038 times
14 Tue Sep 2021 397.85 397.85 397.85 380.00 2.1 times
13 Mon Sep 2021 378.95 378.95 378.95 378.95 0.603 times
09 Thu Sep 2021 360.95 350.80 360.95 340.00 0.879 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 397.7, but if it comes below 397.7, then a intra day sell could be more profitable.
If you take a sell trade below 397.7, then use 397.7 as stoploss and 352.62 as target. However if you take a buy trade in stock , then use 397.7 as stoploss and 451.8 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 169.00
Downside Target 195.00
Downside Target 221.20
Downside Target 226.50
Downside Target 275.70
Downside Target 290.55
Downside Target 301.60
Downside Target 310.10
Downside Target 325.00
Downside Target 348.95
Downside Target 360.95
Downside Target 370.15
Downside Target 372.00
Downside Target 417.55
Upside Target 443.50

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 381.53
Downside Intraday Target 341.02
Upside Intraday Target 453.03
Upside Intraday Target 484.02
Downside Intraday Target 412.52

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
23 Thu Sep 2021 422.05 383.90 443.50 372.00 0.333 times
17 Fri Sep 2021 385.60 378.95 417.55 370.15 0.994 times
09 Thu Sep 2021 360.95 313.30 360.95 310.10 1.26 times
03 Fri Sep 2021 316.70 309.00 325.00 290.55 2.328 times
27 Fri Aug 2021 296.80 301.85 312.50 275.70 0.235 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
23 Thu Sep 2021 422.05 304.80 443.50 290.55 0.725 times
31 Tue Aug 2021 297.65 316.65 348.95 275.70 0.526 times
30 Fri Jul 2021 301.60 230.00 301.60 221.20 0.812 times
30 Wed Jun 2021 223.10 178.30 226.50 170.00 3.873 times

Scroll below to view daily charts

Price has moved up 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 45, 8, 70 Buy
MACD 59, 52Buy
Stochastics 88Buy
CCI 156Buy
RSI 70Buy
OBV 486512Sell
VWAP 395Buy
ADL 0Sell
ROC 23Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Olectra in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 395.19 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 positive

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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