(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 34185
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 468.90 | 480.55 | 501.85 | 458.05 | 1.569 times |
| 31 Tue Jan 2023 | 472.65 | 469.95 | 476.30 | 459.10 | 0.807 times |
| 30 Mon Jan 2023 | 465.05 | 468.85 | 477.15 | 459.00 | 1.302 times |
| 27 Fri Jan 2023 | 465.15 | 494.95 | 494.95 | 462.65 | 1.77 times |
| 25 Wed Jan 2023 | 485.50 | 478.90 | 494.75 | 470.80 | 1.859 times |
| 24 Tue Jan 2023 | 473.15 | 472.05 | 479.05 | 471.15 | 0.574 times |
| 23 Mon Jan 2023 | 475.15 | 480.20 | 480.20 | 470.00 | 0.748 times |
| 20 Fri Jan 2023 | 474.85 | 482.00 | 489.05 | 473.05 | 0.903 times |
| 19 Thu Jan 2023 | 475.00 | 479.00 | 482.00 | 471.35 | 0.31 times |
| 18 Wed Jan 2023 | 478.25 | 497.45 | 497.45 | 471.35 | 0.956 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 472.1, but if it comes above 472.1, then a intra day buy could be more profitable.
If you take a sell trade below 472.1, then use 472.1 as stoploss and 457.3 as target. However if you take a buy trade in stock , then use 472.1 as stoploss and 484.34 as target.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 458.00 |
| Upside Target | 486.30 |
| Upside Target | 501.85 |
| Upside Target | 506.90 |
| Upside Target | 528.00 |
| Upside Target | 546.70 |
| Upside Target | 572.65 |
| Upside Target | 578.45 |
| Upside Target | 621.55 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 450.68 |
| Downside Intraday Target | 432.47 |
| Upside Intraday Target | 494.48 |
| Upside Intraday Target | 520.07 |
| Upside Intraday Target | 476.27 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 468.90 | 468.85 | 501.85 | 458.05 | 0.743 times |
| 27 Fri Jan 2023 | 465.15 | 480.20 | 494.95 | 462.65 | 1.567 times |
| 20 Fri Jan 2023 | 474.85 | 488.00 | 497.45 | 471.35 | 1.223 times |
| 13 Fri Jan 2023 | 488.95 | 502.00 | 506.90 | 486.30 | 0.504 times |
| 06 Fri Jan 2023 | 498.00 | 498.00 | 528.00 | 491.90 | 1.947 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 |
| 01 Wed Feb 2023 | 468.90 | 480.55 | 501.85 | 458.05 | 0.088 times |
| 31 Tue Jan 2023 | 472.65 | 498.00 | 528.00 | 459.00 | 1.104 times |
| 30 Fri Dec 2022 | 494.40 | 505.10 | 578.45 | 464.15 | 0.543 times |
| 30 Wed Nov 2022 | 500.10 | 561.10 | 572.65 | 458.00 | 1.948 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 | 23, 14, 26 | Buy |
| MACD | -23, -23 | Sell |
| Stochastics | 25 | Sell |
| CCI | 9 | Buy |
| RSI | 55 | Buy |
| OBV | -181380 | Sell |
| VWAP | 473 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Olectra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Olectra in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Olectra in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 473.12 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.
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