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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 2021-10-04 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)

Target Type Value
Downside Target 170.00
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 348.95
Downside Target 360.95
Downside Target 370.15
Downside Target 400.00
Downside Target 417.55
Downside Target 436.45
Downside Target 454.00
Downside Target 458.25

Intraday share price targets for Olectra (Olectra)

Target Type Value
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
MACD 61, 58Buy
Stochastics 84Buy
CCI 237Buy
RSI 72Buy
OBV 774381Sell
VWAP 429Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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.

Click here for Olectra charts

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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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