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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)

10 day averaged volume of Olectra is 91084

Date Daily Closing Price Open High Low Volume
13 Mon May 2024 1624.65 1609.90 1639.80 1560.00 1.588 times
10 Fri May 2024 1610.00 1617.95 1639.75 1592.50 0.751 times
09 Thu May 2024 1613.95 1658.45 1658.45 1605.00 0.64 times
08 Wed May 2024 1642.65 1635.00 1667.55 1620.50 0.707 times
07 Tue May 2024 1635.15 1680.25 1690.60 1625.10 1.188 times
06 Mon May 2024 1676.75 1711.05 1721.85 1660.00 0.365 times
03 Fri May 2024 1709.60 1725.20 1741.40 1702.15 0.329 times
02 Thu May 2024 1721.80 1727.40 1743.15 1719.50 0.313 times
30 Tue Apr 2024 1726.05 1749.85 1755.45 1712.05 0.317 times
29 Mon Apr 2024 1734.60 1766.85 1777.95 1728.95 1.102 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1656.9, but if it comes above 1656.9, then a intra day buy could be more profitable.
If you take a sell trade below 1656.9, then use 1656.9 as stoploss and 1578.5 as target. However if you take a buy trade in stock , then use 1656.9 as stoploss and 1722.25 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1328.05
Downside Target 1550.00
Downside Target 1592.50
Upside Target 1639.80
Upside Target 1700.00
Upside Target 1777.95
Upside Target 1808.50
Upside Target 1822.00
Upside Target 1833.45
Upside Target 2011.85
Upside Target 2012.45
Upside Target 2222.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 1576.5
Downside Intraday Target 1528.35
Upside Intraday Target 1656.3
Upside Intraday Target 1687.95
Downside Intraday Target 1608.15

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
13 Mon May 2024 1624.65 1609.90 1639.80 1560.00 0.435 times
10 Fri May 2024 1610.00 1711.05 1721.85 1592.50 1.771 times
03 Fri May 2024 1709.60 1766.85 1777.95 1702.15 0.317 times
26 Fri Apr 2024 1746.05 1786.50 1833.45 1600.05 1.185 times
19 Fri Apr 2024 1751.55 1705.05 1822.00 1700.00 2.478 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
13 Mon May 2024 1624.65 1727.40 1743.15 1560.00 0.296 times
30 Tue Apr 2024 1726.05 1902.95 2012.45 1600.05 0.838 times
28 Thu Mar 2024 1888.75 1983.95 2011.85 1550.00 0.506 times
29 Thu Feb 2024 1966.80 1758.85 2222.00 1714.15 0.817 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)

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1657.26 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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1657.26 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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