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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 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, -23Sell
Stochastics 25Sell
CCI 9Buy
RSI 55Buy
OBV -181380Sell
VWAP 473Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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.

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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