(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 18271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 618.80 | 612.90 | 620.95 | 607.00 | 0.858 times |
| 11 Thu Aug 2022 | 610.95 | 606.30 | 615.60 | 605.00 | 0.929 times |
| 10 Wed Aug 2022 | 604.90 | 606.00 | 614.55 | 602.05 | 0.899 times |
| 08 Mon Aug 2022 | 606.00 | 614.00 | 618.55 | 602.40 | 1.232 times |
| 05 Fri Aug 2022 | 614.10 | 622.00 | 628.00 | 611.00 | 0.47 times |
| 04 Thu Aug 2022 | 614.05 | 633.75 | 635.20 | 604.55 | 0.713 times |
| 03 Wed Aug 2022 | 626.75 | 644.00 | 646.55 | 623.80 | 1.002 times |
| 02 Tue Aug 2022 | 643.60 | 658.00 | 660.00 | 640.10 | 0.556 times |
| 01 Mon Aug 2022 | 644.25 | 644.00 | 649.95 | 632.55 | 0.687 times |
| 30 Sat Jul 2022 | 638.40 | 640.00 | 649.50 | 634.95 | 1.047 times |
My analysis of stock is bearish for shortterm, and stock might move down till 604.8 or till 584.3. Use a stoploss of 621.87 and if the stock hits stoploss, then it can shoot up till 638.94
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 534.10 |
| Downside Target | 560.00 |
| Downside Target | 592.00 |
| Upside Target | 620.95 |
| 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 | 606.92 |
| Downside Intraday Target | 595.03 |
| Upside Intraday Target | 625.82 |
| Upside Intraday Target | 632.83 |
| Downside Intraday Target | 613.93 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 14 Thu Jul 2022 | 583.10 | 571.95 | 592.00 | 560.00 | 0.374 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 |
| 12 Fri Aug 2022 | 618.80 | 644.00 | 660.00 | 602.05 | 0.242 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 | 17, 20, 6 | Sell |
| MACD | 4, 8 | Sell |
| Stochastics | 16 | Sell |
| CCI | -43 | Buy |
| RSI | 50 | Buy |
| OBV | 236237 | Sell |
| VWAP | 621 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Olectra in short term but BUY 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
Although the stock is in the SELL zone, but selling 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 621.02 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 further forecast and predictions for tomorrow