(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 2021-10-19 View latest technical analysis
10 day averaged volume of Olectra is 58783
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Tue Oct 2021||535.20||572.40||575.00||535.20||0.802 times|
|18 Mon Oct 2021||563.35||589.00||589.00||551.00||0.809 times|
|14 Thu Oct 2021||570.10||598.00||602.10||550.35||1.277 times|
|13 Wed Oct 2021||579.30||578.05||579.30||566.00||0.742 times|
|12 Tue Oct 2021||551.75||551.75||551.75||535.00||1.634 times|
|11 Mon Oct 2021||525.50||506.00||525.50||491.00||0.176 times|
|08 Fri Oct 2021||500.50||514.75||514.75||490.00||0.489 times|
|07 Thu Oct 2021||494.65||482.00||501.00||482.00||0.525 times|
|06 Wed Oct 2021||481.40||500.00||501.95||466.00||1.229 times|
|05 Tue Oct 2021||481.15||481.00||481.15||465.10||2.025 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 534.8, but if it comes below 534.8, then a intra day sell could be more profitable.
If you take a sell trade below 534.8, then use 534.8 as stoploss and 475.19 as target. However if you take a buy trade in stock , then use 534.8 as stoploss and 606.3 as target.
Share price targets for Olectra (Olectra)
Intraday share price targets for Olectra (Olectra)
|Downside Intraday Target||517.27|
|Downside Intraday Target||499.33|
|Upside Intraday Target||571.07|
|Upside Intraday Target||606.93|
|Upside Intraday Target||553.13|
Weekly technical analysis of Olectra (Olectra)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Tue Oct 2021||535.20||589.00||589.00||535.20||0.421 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|
|19 Tue Oct 2021||535.20||404.25||602.10||404.25||0.546 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||39, 8, 67||Buy|
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
Olectra Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 526.1 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.