(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)
Intraday share price targets for Olectra (Olectra)
|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|
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.