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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 2021-10-18 View latest technical analysis

10 day averaged volume of Olectra is 61031

Date Daily Closing Price Open High Low Volume
18 Mon Oct 2021 563.35 589.00 589.00 551.00 0.78 times
14 Thu Oct 2021 570.10 598.00 602.10 550.35 1.23 times
13 Wed Oct 2021 579.30 578.05 579.30 566.00 0.715 times
12 Tue Oct 2021 551.75 551.75 551.75 535.00 1.574 times
11 Mon Oct 2021 525.50 506.00 525.50 491.00 0.17 times
08 Fri Oct 2021 500.50 514.75 514.75 490.00 0.471 times
07 Thu Oct 2021 494.65 482.00 501.00 482.00 0.505 times
06 Wed Oct 2021 481.40 500.00 501.95 466.00 1.183 times
05 Tue Oct 2021 481.15 481.00 481.15 465.10 1.95 times
04 Mon Oct 2021 458.25 456.00 458.25 454.00 1.054 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 528.7, but if it comes below 528.7, then a intra day sell could be more profitable.
If you take a sell trade below 528.7, then use 528.7 as stoploss and 467.58 as target. However if you take a buy trade in stock , then use 528.7 as stoploss and 602.1 as target.

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 372.00
Downside Target 400.00
Downside Target 436.45
Downside Target 454.00
Downside Target 491.00
Downside Target 514.75
Downside Target 551.00
Upside Target 589.00
Upside Target 602.10

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 546.57
Downside Intraday Target 529.78
Upside Intraday Target 584.57
Upside Intraday Target 605.78
Upside Intraday Target 567.78

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
18 Mon Oct 2021 563.35 589.00 589.00 551.00 0.211 times
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

Price has moved down 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
18 Mon Oct 2021 563.35 404.25 602.10 404.25 0.509 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, 3, 89 Buy
MACD 102, 89Buy
Stochastics 86Buy
CCI 87Sell
RSI 74Buy
OBV 289211Sell
VWAP 518Buy
ADL 0Sell
ROC 29Buy
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 losing 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 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 517.94 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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