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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 67271

Date Daily Closing Price Open High Low Volume
15 Mon Apr 2024 1738.95 1705.05 1767.00 1700.00 3.947 times
12 Fri Apr 2024 1827.55 1846.15 1870.50 1818.00 0.586 times
10 Wed Apr 2024 1849.60 1878.00 1880.05 1830.60 1.177 times
09 Tue Apr 2024 1870.00 1879.80 1908.10 1855.05 0.421 times
08 Mon Apr 2024 1865.20 1936.95 1936.95 1850.00 0.817 times
05 Fri Apr 2024 1920.35 1923.95 1944.00 1897.10 1.376 times
04 Thu Apr 2024 1921.25 1937.95 2012.45 1908.50 0.999 times
03 Wed Apr 2024 1919.90 1913.95 1955.10 1908.05 0.551 times
02 Tue Apr 2024 1911.30 1925.95 1937.00 1897.00 1.15 times
01 Mon Apr 2024 1915.55 1902.95 1948.90 1902.95 1.654 times

Stock of Olectra (Olectra) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1745.7, but if it comes above 1745.7, then a intra day buy could be more profitable.
If you take a sell trade below 1745.7, then use 1745.7 as stoploss and 1649.4 as target. However if you take a buy trade in stock , then use 1745.7 as stoploss and 1825.97 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1178.00
Downside Target 1328.05
Downside Target 1378.55
Downside Target 1550.00
Downside Target 1680.00
Upside Target 1758.05
Upside Target 1804.55
Upside Target 1897.00
Upside Target 1936.95
Upside Target 1963.85
Upside Target 2011.85
Upside Target 2012.45
Upside Target 2222.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 1703.63
Downside Intraday Target 1668.32
Upside Intraday Target 1770.63
Upside Intraday Target 1802.32
Downside Intraday Target 1735.32

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
15 Mon Apr 2024 1738.95 1705.05 1767.00 1700.00 1.315 times
12 Fri Apr 2024 1827.55 1936.95 1936.95 1818.00 0.524 times
05 Fri Apr 2024 1920.35 1902.95 2012.45 1897.00 0.787 times
28 Thu Mar 2024 1888.75 1789.85 1963.85 1758.05 1.308 times
22 Fri Mar 2024 1784.90 1721.00 1804.55 1680.00 0.39 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
15 Mon Apr 2024 1738.95 1902.95 2012.45 1700.00 0.395 times
28 Thu Mar 2024 1888.75 1983.95 2011.85 1550.00 0.506 times
29 Thu Feb 2024 1966.80 1758.85 2222.00 1714.15 0.817 times
31 Wed Jan 2024 1741.10 1349.00 1808.50 1328.05 2.563 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)

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 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 SELL. Signal strength is Strong 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 BUY signal in short term but buying 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 1846.4 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.

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 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 SELL. Signal strength is Strong 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 BUY signal in short term but buying 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 1846.4 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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