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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 2022-05-19 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, -52Sell
Stochastics 20Sell
CCI -122Sell
RSI 49Sell
OBV -203981Sell
VWAP 578Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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.

Click here for Olectra charts

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Daily charts

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Daily chart

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