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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 2022-05-09 View latest technical analysis

10 day averaged volume of Olectra is 34208

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 607.00 622.05 622.05 600.00 3.718 times
06 Fri May 2022 592.45 586.00 611.90 582.55 2.042 times
05 Thu May 2022 611.60 639.90 639.90 608.50 0.657 times
04 Wed May 2022 617.70 657.90 658.00 615.00 1.05 times
02 Mon May 2022 628.75 638.00 659.95 618.65 0.81 times
29 Fri Apr 2022 636.75 641.50 663.90 625.65 1.126 times
28 Thu Apr 2022 645.05 665.00 674.35 639.00 1.113 times
27 Wed Apr 2022 661.50 689.90 689.90 661.50 1.741 times
26 Tue Apr 2022 696.30 670.00 696.30 662.00 0.785 times
25 Mon Apr 2022 663.15 684.90 685.00 659.80 0.327 times

Stock of Olectra (Olectra) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 628.8, but if it comes above 628.8, then a intra day buy could be more profitable.
If you take a sell trade below 628.8, then use 628.8 as stoploss and 583.1 as target. However if you take a buy trade in stock , then use 628.8 as stoploss and 666.83 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 565.00
Downside Target 577.65
Downside Target 600.00
Upside Target 622.05
Upside Target 659.95
Upside Target 696.30
Upside Target 699.95
Upside Target 724.25
Upside Target 725.95
Upside Target 734.00
Upside Target 739.40
Upside Target 880.00
Upside Target 887.15

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 597.32
Downside Intraday Target 587.63
Upside Intraday Target 619.37
Upside Intraday Target 631.73
Upside Intraday Target 609.68

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 607.00 622.05 622.05 600.00 0.816 times
06 Fri May 2022 592.45 638.00 659.95 582.55 0.895 times
29 Fri Apr 2022 636.75 684.90 696.30 625.65 1.248 times
22 Fri Apr 2022 683.05 712.05 724.25 675.65 1.449 times
13 Wed Apr 2022 705.70 707.50 734.00 668.20 0.324 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
09 Mon May 2022 607.00 638.00 659.95 582.55 0.384 times
29 Fri Apr 2022 636.75 666.95 739.40 625.65 0.788 times
31 Thu Mar 2022 668.90 625.60 699.95 565.00 0.857 times
28 Mon Feb 2022 635.60 849.00 887.15 577.65 1.384 times

Scroll below to view daily charts

Price has moved down 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 10, 25, 41 Sell
MACD -36, -24Sell
Stochastics 11Sell
CCI -92Buy
RSI 56Buy
OBV -227113Sell
VWAP 627Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra ( (Olectra) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra ( (Olectra) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Olectra stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Olectra in short term and the sell signal is strong.

Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY 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 626.55 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Olectra (Olectra) stock. Volume based technical analysis of Olectra (Olectra) stock is negative.

Olectra Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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