Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-12 View latest technical analysis

10 day averaged volume of Olectra is 49400

Date Daily Closing Price Open High Low Volume
12 Thu May 2022 541.45 560.05 561.00 541.00 0.376 times
11 Wed May 2022 569.35 578.90 592.00 555.25 0.862 times
10 Tue May 2022 581.50 600.00 616.70 576.65 0.65 times
09 Mon May 2022 607.00 622.05 622.05 600.00 2.575 times
06 Fri May 2022 592.45 586.00 611.90 582.55 1.414 times
05 Thu May 2022 611.60 639.90 639.90 608.50 0.455 times
04 Wed May 2022 617.70 657.90 658.00 615.00 0.727 times
02 Mon May 2022 628.75 638.00 659.95 618.65 0.561 times
29 Fri Apr 2022 636.75 641.50 663.90 625.65 0.78 times
28 Thu Apr 2022 645.05 665.00 674.35 639.00 0.771 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 535.2, for a target of 596.6 or 647.72

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 541.00
Upside Target 565.00
Upside Target 577.65
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 514.28
Downside Intraday Target 487.12
Upside Intraday Target 595.33
Upside Intraday Target 649.22
Upside Intraday Target 568.17

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
12 Thu May 2022 541.45 622.05 622.05 541.00 1.414 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 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
12 Thu May 2022 541.45 638.00 659.95 541.00 0.51 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 7, 33, 64 Sell
MACD -53, -38Sell
Stochastics 5Sell
CCI -157Sell
RSI 52Buy
OBV -242551Sell
VWAP 605Sell
ADL 0Sell
ROC -18Sell
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 gaining 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 getting stronger in this stock.

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 and SELL signal is strong!

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 604.86 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme