(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 2021-10-04 View latest technical analysis
10 day averaged volume of Olectra is 32616
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Mon Oct 2021||458.25||456.00||458.25||454.00||1.971 times|
|01 Fri Oct 2021||436.45||404.25||436.45||404.25||2.148 times|
|30 Thu Sep 2021||415.70||407.10||420.00||405.10||0.461 times|
|29 Wed Sep 2021||414.20||406.30||422.00||400.00||0.432 times|
|28 Tue Sep 2021||411.90||424.90||424.90||405.05||0.363 times|
|27 Mon Sep 2021||417.05||420.50||423.00||402.05||0.891 times|
|24 Fri Sep 2021||420.50||433.90||433.90||410.00||1.025 times|
|23 Thu Sep 2021||422.05||439.80||443.50||415.25||1.727 times|
|22 Wed Sep 2021||422.40||422.40||422.40||419.00||0.976 times|
|21 Tue Sep 2021||402.30||389.50||402.30||381.05||0.708 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 473.4, for a target of 430.7 or 395.17
Share price targets for Olectra (Olectra)
Intraday share price targets for Olectra (Olectra)
|Downside Intraday Target||455.42|
|Downside Intraday Target||452.58|
|Upside Intraday Target||459.67|
|Upside Intraday Target||461.08|
|Downside Intraday Target||456.83|
Weekly technical analysis of Olectra (Olectra)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Mon Oct 2021||458.25||456.00||458.25||454.00||0.459 times|
|01 Fri Oct 2021||436.45||420.50||436.45||400.00||0.753 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|
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|
|04 Mon Oct 2021||458.25||404.25||458.25||404.25||0.104 times|
|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|
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||38, 9, 63||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 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 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 BUY signal for Olectra in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 428.83 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.