(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 2021-09-27 View latest technical analysis
10 day averaged volume of Olectra is 64439
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Sep 2021 | 417.05 | 420.50 | 423.00 | 402.05 | 0.451 times |
| 24 Fri Sep 2021 | 420.50 | 433.90 | 433.90 | 410.00 | 0.519 times |
| 23 Thu Sep 2021 | 422.05 | 439.80 | 443.50 | 415.25 | 0.874 times |
| 22 Wed Sep 2021 | 422.40 | 422.40 | 422.40 | 419.00 | 0.494 times |
| 21 Tue Sep 2021 | 402.30 | 389.50 | 402.30 | 381.05 | 0.359 times |
| 20 Mon Sep 2021 | 383.15 | 383.90 | 395.00 | 372.00 | 0.642 times |
| 17 Fri Sep 2021 | 385.60 | 389.00 | 398.00 | 370.15 | 0.551 times |
| 16 Thu Sep 2021 | 389.60 | 405.00 | 407.00 | 385.05 | 0.941 times |
| 15 Wed Sep 2021 | 403.25 | 416.90 | 417.55 | 380.10 | 2.416 times |
| 14 Tue Sep 2021 | 397.85 | 397.85 | 397.85 | 380.00 | 2.49 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 409.7, but if it comes below 409.7, then a intra day sell could be more profitable.
If you take a sell trade below 409.7, then use 409.7 as stoploss and 364.69 as target. However if you take a buy trade in stock , then use 409.7 as stoploss and 463.8 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 | 402.05 |
| Upside Target | 417.55 |
| Upside Target | 423.00 |
| Upside Target | 443.50 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 405.07 |
| Downside Intraday Target | 393.08 |
| Upside Intraday Target | 426.02 |
| Upside Intraday Target | 434.98 |
| Downside Intraday Target | 414.03 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Sep 2021 | 417.05 | 420.50 | 423.00 | 402.05 | 0.156 times |
| 24 Fri Sep 2021 | 420.50 | 383.90 | 443.50 | 372.00 | 0.406 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 |
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 |
| 27 Mon Sep 2021 | 417.05 | 304.80 | 443.50 | 290.55 | 0.763 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 | 36, 12, 49 | Buy |
| MACD | 60, 55 | Buy |
| Stochastics | 71 | Buy |
| CCI | 51 | Sell |
| RSI | 72 | Buy |
| OBV | 468805 | Sell |
| VWAP | 402 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Olectra ( (Olectra) ) based on a short 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 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 losing momentum.
MACD generated a BUY signal for Olectra in short term and the buy signal is strong.
Olectra Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Olectra in short term but SELL signal is weak.
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 402.41 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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