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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 2021-10-05 View latest technical analysis

10 day averaged volume of Olectra is 34910

Date Daily Closing Price Open High Low Volume
05 Tue Oct 2021 481.15 481.00 481.15 465.10 3.41 times
04 Mon Oct 2021 458.25 456.00 458.25 454.00 1.842 times
01 Fri Oct 2021 436.45 404.25 436.45 404.25 2.007 times
30 Thu Sep 2021 415.70 407.10 420.00 405.10 0.431 times
29 Wed Sep 2021 414.20 406.30 422.00 400.00 0.404 times
28 Tue Sep 2021 411.90 424.90 424.90 405.05 0.339 times
27 Mon Sep 2021 417.05 420.50 423.00 402.05 0.833 times
24 Fri Sep 2021 420.50 433.90 433.90 410.00 0.957 times
23 Thu Sep 2021 422.05 439.80 443.50 415.25 1.613 times
22 Wed Sep 2021 422.40 422.40 422.40 419.00 0.912 times

Stock of Olectra (Olectra) has showed a significant upmove. This could be a good time to enter in this stock!

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 480.4, for a target of 438.5 or 403.63

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 481.15

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 463.05
Downside Intraday Target 444.95
Upside Intraday Target 490.2
Upside Intraday Target 499.25
Downside Intraday Target 472.1

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
05 Tue Oct 2021 481.15 456.00 481.15 454.00 1.308 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
05 Tue Oct 2021 481.15 404.25 481.15 404.25 0.196 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 45, 8, 70 Buy
MACD 66, 60Buy
Stochastics 97Buy
CCI 208Buy
RSI 73Buy
OBV 857437Sell
VWAP 444Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 444.2 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

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Daily chart

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