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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 2021-10-20 View latest technical analysis

10 day averaged volume of Olectra is 57065

Date Daily Closing Price Open High Low Volume
20 Wed Oct 2021 547.60 515.00 554.95 508.45 0.499 times
19 Tue Oct 2021 535.20 572.40 575.00 535.20 0.826 times
18 Mon Oct 2021 563.35 589.00 589.00 551.00 0.834 times
14 Thu Oct 2021 570.10 598.00 602.10 550.35 1.315 times
13 Wed Oct 2021 579.30 578.05 579.30 566.00 0.765 times
12 Tue Oct 2021 551.75 551.75 551.75 535.00 1.683 times
11 Mon Oct 2021 525.50 506.00 525.50 491.00 0.182 times
08 Fri Oct 2021 500.50 514.75 514.75 490.00 0.504 times
07 Thu Oct 2021 494.65 482.00 501.00 482.00 0.541 times
06 Wed Oct 2021 481.40 500.00 501.95 466.00 1.266 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 541.6, but if it comes below 541.6, then a intra day sell could be more profitable.
If you take a sell trade below 541.6, then use 541.6 as stoploss and 482.45 as target. However if you take a buy trade in stock , then use 541.6 as stoploss and 612.5 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 508.45
Upside Target 589.00
Upside Target 602.10

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 507.7
Downside Intraday Target 467.8
Upside Intraday Target 588.25
Upside Intraday Target 628.9
Upside Intraday Target 548.35

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
20 Wed Oct 2021 547.60 589.00 589.00 508.45 0.547 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
20 Wed Oct 2021 547.60 404.25 602.10 404.25 0.568 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 33, 15, 38 Buy
MACD 96, 93Buy
Stochastics 62None
CCI 7Sell
RSI 66Buy
OBV 347402Sell
VWAP 539Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 moving up

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

Stock of Olectra is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 538.51 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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