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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 2021-09-27 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, 55Buy
Stochastics 71Buy
CCI 51Sell
RSI 72Buy
OBV 468805Sell
VWAP 402Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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