(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 2021-10-06 View latest technical analysis
10 day averaged volume of Olectra is 44504
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Oct 2021 | 481.40 | 500.00 | 501.95 | 466.00 | 1.623 times |
| 05 Tue Oct 2021 | 481.15 | 481.00 | 481.15 | 465.10 | 2.675 times |
| 04 Mon Oct 2021 | 458.25 | 456.00 | 458.25 | 454.00 | 1.445 times |
| 01 Fri Oct 2021 | 436.45 | 404.25 | 436.45 | 404.25 | 1.574 times |
| 30 Thu Sep 2021 | 415.70 | 407.10 | 420.00 | 405.10 | 0.338 times |
| 29 Wed Sep 2021 | 414.20 | 406.30 | 422.00 | 400.00 | 0.317 times |
| 28 Tue Sep 2021 | 411.90 | 424.90 | 424.90 | 405.05 | 0.266 times |
| 27 Mon Sep 2021 | 417.05 | 420.50 | 423.00 | 402.05 | 0.653 times |
| 24 Fri Sep 2021 | 420.50 | 433.90 | 433.90 | 410.00 | 0.751 times |
| 23 Thu Sep 2021 | 422.05 | 439.80 | 443.50 | 415.25 | 1.265 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 486.6, for a target of 445.5 or 411.33
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 |
| Upside Target | 501.95 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 456.28 |
| Downside Intraday Target | 431.17 |
| Upside Intraday Target | 504.23 |
| Upside Intraday Target | 527.07 |
| Downside Intraday Target | 479.12 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Oct 2021 | 481.40 | 456.00 | 501.95 | 454.00 | 1.824 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Olectra (Olectra)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Oct 2021 | 481.40 | 404.25 | 501.95 | 404.25 | 0.252 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 | 47, 7, 75 | Buy |
| MACD | 69, 62 | Buy |
| Stochastics | 93 | Buy |
| CCI | 144 | Buy |
| RSI | 71 | Buy |
| OBV | 947357 | Sell |
| VWAP | 451 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 451.17 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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