(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 2021-09-30 View latest technical analysis
10 day averaged volume of Olectra is 33719
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Thu Sep 2021||415.70||407.10||420.00||405.10||0.446 times|
|29 Wed Sep 2021||414.20||406.30||422.00||400.00||0.418 times|
|28 Tue Sep 2021||411.90||424.90||424.90||405.05||0.351 times|
|27 Mon Sep 2021||417.05||420.50||423.00||402.05||0.862 times|
|24 Fri Sep 2021||420.50||433.90||433.90||410.00||0.991 times|
|23 Thu Sep 2021||422.05||439.80||443.50||415.25||1.67 times|
|22 Wed Sep 2021||422.40||422.40||422.40||419.00||0.944 times|
|21 Tue Sep 2021||402.30||389.50||402.30||381.05||0.685 times|
|20 Mon Sep 2021||383.15||383.90||395.00||372.00||1.226 times|
|17 Fri Sep 2021||385.60||389.00||398.00||370.15||1.053 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 420 as stoploss in an intra day sell trade for a target of 381.88. However, stock will show a bullish move above 420.
Share price targets for Olectra (Olectra)
Intraday share price targets for Olectra (Olectra)
|Downside Intraday Target||402.17|
|Downside Intraday Target||388.63|
|Upside Intraday Target||427.07|
|Upside Intraday Target||438.43|
|Downside Intraday Target||413.53|
Weekly technical analysis of Olectra (Olectra)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Thu Sep 2021||415.70||420.50||424.90||400.00||0.377 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|
|30 Thu Sep 2021||415.70||304.80||443.50||290.55||0.788 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||28, 11, 42||Buy|
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.
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 buy signal for Olectra in short term and BUY signal is strong.
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 408.77 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.