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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 2021-09-29 View latest technical analysis

10 day averaged volume of Olectra is 47879

Date Daily Closing Price Open High Low Volume
29 Wed Sep 2021 414.20 406.30 422.00 400.00 0.294 times
28 Tue Sep 2021 411.90 424.90 424.90 405.05 0.247 times
27 Mon Sep 2021 417.05 420.50 423.00 402.05 0.607 times
24 Fri Sep 2021 420.50 433.90 433.90 410.00 0.698 times
23 Thu Sep 2021 422.05 439.80 443.50 415.25 1.176 times
22 Wed Sep 2021 422.40 422.40 422.40 419.00 0.665 times
21 Tue Sep 2021 402.30 389.50 402.30 381.05 0.483 times
20 Mon Sep 2021 383.15 383.90 395.00 372.00 0.864 times
17 Fri Sep 2021 385.60 389.00 398.00 370.15 0.741 times
16 Thu Sep 2021 389.60 405.00 407.00 385.05 1.267 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 417.3 as stoploss in an intra day sell trade for a target of 376.1. However, stock will show a bullish move above 417.3.

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 400.00
Upside Target 417.55
Upside Target 424.90
Upside Target 443.50

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 401.17
Downside Intraday Target 388.13
Upside Intraday Target 426.07
Upside Intraday Target 437.93
Downside Intraday Target 413.03

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
29 Wed Sep 2021 414.20 420.50 424.90 400.00 0.296 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
29 Wed Sep 2021 414.20 304.80 443.50 290.55 0.779 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 30, 12, 42 Buy
MACD 57, 56Buy
Stochastics 60None
CCI 26Sell
RSI 70Buy
OBV 467055Sell
VWAP 405Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Olectra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 405.02 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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