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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 2022-05-17 View latest technical analysis

10 day averaged volume of Olectra is 46111

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 581.10 574.75 589.95 566.45 0.5 times
16 Mon May 2022 569.85 559.00 575.00 548.05 0.416 times
13 Fri May 2022 549.00 543.00 568.50 543.00 1.421 times
12 Thu May 2022 541.45 560.05 561.00 541.00 0.403 times
11 Wed May 2022 569.35 578.90 592.00 555.25 0.924 times
10 Tue May 2022 581.50 600.00 616.70 576.65 0.696 times
09 Mon May 2022 607.00 622.05 622.05 600.00 2.758 times
06 Fri May 2022 592.45 586.00 611.90 582.55 1.515 times
05 Thu May 2022 611.60 639.90 639.90 608.50 0.487 times
04 Wed May 2022 617.70 657.90 658.00 615.00 0.779 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 575.6 as stoploss in an intra day buy trade for a target of 625.94. However, stock will show a bearish move below 575.6.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 541.00
Downside Target 565.00
Downside Target 577.65
Upside Target 622.05
Upside Target 659.95
Upside Target 675.65
Upside Target 696.30
Upside Target 699.95
Upside Target 724.25
Upside Target 725.95
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 556.12
Downside Intraday Target 531.13
Upside Intraday Target 598.02
Upside Intraday Target 614.93
Downside Intraday Target 573.03

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 581.10 559.00 589.95 548.05 0.148 times
13 Fri May 2022 549.00 622.05 622.05 541.00 1.834 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

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
17 Tue May 2022 581.10 638.00 659.95 541.00 0.656 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 14, 26, 29 Sell
MACD -55, -48Sell
Stochastics 22Sell
CCI -21Buy
RSI 50Buy
OBV -132189Sell
VWAP 587Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Olectra ( (Olectra) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 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 586.67 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

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Daily charts

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