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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 2021-10-14 View latest technical analysis

10 day averaged volume of Olectra is 55030

Date Daily Closing Price Open High Low Volume
14 Thu Oct 2021 570.10 598.00 602.10 550.35 1.364 times
13 Wed Oct 2021 579.30 578.05 579.30 566.00 0.793 times
12 Tue Oct 2021 551.75 551.75 551.75 535.00 1.745 times
11 Mon Oct 2021 525.50 506.00 525.50 491.00 0.188 times
08 Fri Oct 2021 500.50 514.75 514.75 490.00 0.522 times
07 Thu Oct 2021 494.65 482.00 501.00 482.00 0.561 times
06 Wed Oct 2021 481.40 500.00 501.95 466.00 1.312 times
05 Tue Oct 2021 481.15 481.00 481.15 465.10 2.163 times
04 Mon Oct 2021 458.25 456.00 458.25 454.00 1.168 times
01 Fri Oct 2021 436.45 404.25 436.45 404.25 1.273 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 589.5, for a target of 518.2 or 458.7

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 348.95
Downside Target 370.15
Downside Target 400.00
Downside Target 417.55
Downside Target 436.45
Downside Target 454.00
Downside Target 491.00
Downside Target 514.75
Upside Target 602.10

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 506.7
Downside Intraday Target 443.3
Upside Intraday Target 617.8
Upside Intraday Target 665.5
Downside Intraday Target 554.4

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
14 Thu Oct 2021 570.10 506.00 602.10 491.00 0.714 times
08 Fri Oct 2021 500.50 456.00 514.75 454.00 2.249 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

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
14 Thu Oct 2021 570.10 404.25 602.10 404.25 0.473 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 52, 3, 89 Buy
MACD 100, 85Buy
Stochastics 95Buy
CCI 121Sell
RSI 74Buy
OBV 276143Sell
VWAP 505Buy
ADL 0Sell
ROC 37Buy
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 coming down

CCI has generated a SELL signal for Olectra in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 505.05 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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Daily charts

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Daily chart

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