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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 2021-10-06 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, 62Buy
Stochastics 93Buy
CCI 144Buy
RSI 71Buy
OBV 947357Sell
VWAP 451Buy
ADL 0Sell
ROC 14Buy
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 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.

Click here for Olectra charts

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Daily charts

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Daily chart

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