(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 2022-05-19 View latest technical analysis
10 day averaged volume of Olectra is 45158
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 540.15 | 534.10 | 550.00 | 534.10 | 0.659 times |
| 18 Wed May 2022 | 559.55 | 598.00 | 598.00 | 556.00 | 0.688 times |
| 17 Tue May 2022 | 581.10 | 574.75 | 589.95 | 566.45 | 0.511 times |
| 16 Mon May 2022 | 569.85 | 559.00 | 575.00 | 548.05 | 0.425 times |
| 13 Fri May 2022 | 549.00 | 543.00 | 568.50 | 543.00 | 1.451 times |
| 12 Thu May 2022 | 541.45 | 560.05 | 561.00 | 541.00 | 0.411 times |
| 11 Wed May 2022 | 569.35 | 578.90 | 592.00 | 555.25 | 0.943 times |
| 10 Tue May 2022 | 581.50 | 600.00 | 616.70 | 576.65 | 0.711 times |
| 09 Mon May 2022 | 607.00 | 622.05 | 622.05 | 600.00 | 2.817 times |
| 06 Fri May 2022 | 592.45 | 586.00 | 611.90 | 582.55 | 1.547 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 562.1, but if it comes above 562.1, then a intra day buy could be more profitable.
If you take a sell trade below 562.1, then use 562.1 as stoploss and 503 as target. However if you take a buy trade in stock , then use 562.1 as stoploss and 611.44 as target.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 534.10 |
| Upside Target | 565.00 |
| Upside Target | 577.65 |
| Upside Target | 598.00 |
| 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 | 516.83 |
| Downside Intraday Target | 493.52 |
| Upside Intraday Target | 580.73 |
| Upside Intraday Target | 621.32 |
| Upside Intraday Target | 557.42 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 540.15 | 559.00 | 598.00 | 534.10 | 0.36 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 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 |
| 19 Thu May 2022 | 540.15 | 638.00 | 659.95 | 534.10 | 0.738 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 | 11, 31, 46 | Sell |
| MACD | -59, -52 | Sell |
| Stochastics | 20 | Sell |
| CCI | -122 | Sell |
| RSI | 49 | Sell |
| OBV | -203981 | Sell |
| VWAP | 578 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Olectra ( (Olectra) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Olectra is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 578.17 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.
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