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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 36999

Date Daily Closing Price Open High Low Volume
19 Fri Aug 2022 624.20 627.00 640.45 621.00 0.372 times
18 Thu Aug 2022 633.55 630.10 647.10 626.20 0.733 times
17 Wed Aug 2022 634.85 610.05 639.05 610.05 5.754 times
16 Tue Aug 2022 612.00 625.00 625.00 611.00 0.499 times
12 Fri Aug 2022 618.80 612.90 620.95 607.00 0.424 times
11 Thu Aug 2022 610.95 606.30 615.60 605.00 0.459 times
10 Wed Aug 2022 604.90 606.00 614.55 602.05 0.444 times
08 Mon Aug 2022 606.00 614.00 618.55 602.40 0.608 times
05 Fri Aug 2022 614.10 622.00 628.00 611.00 0.232 times
04 Thu Aug 2022 614.05 633.75 635.20 604.55 0.352 times

My analysis of stock is bearish for shortterm, and stock might move down till 613.1 or till 596.9. Use a stoploss of 626.69 and if the stock hits stoploss, then it can shoot up till 640.23

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 534.10
Downside Target 560.00
Downside Target 597.85
Upside Target 647.10
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 607.13
Downside Intraday Target 590.07
Upside Intraday Target 644.18
Upside Intraday Target 664.17
Upside Intraday Target 627.12

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
19 Fri Aug 2022 624.20 625.00 647.10 610.05 3.804 times
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

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
19 Fri Aug 2022 624.20 644.00 660.00 602.05 0.734 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 22, 15, 17 Buy
MACD 7, 7Buy
Stochastics 59None
CCI 91Sell
RSI 56Buy
OBV 334910Sell
VWAP 627Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Olectra in short term but SELL 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

Stock of Olectra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 627.05 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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