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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 99309

Date Daily Closing Price Open High Low Volume
26 Mon Jul 2021 254.45 242.80 254.90 240.05 1.176 times
23 Fri Jul 2021 242.80 239.90 245.00 233.05 0.316 times
22 Thu Jul 2021 236.05 232.90 240.00 232.90 0.346 times
20 Tue Jul 2021 234.15 237.10 244.50 228.65 0.312 times
19 Mon Jul 2021 240.65 235.50 247.70 235.50 0.338 times
16 Fri Jul 2021 244.50 249.00 249.00 241.05 0.222 times
15 Thu Jul 2021 242.75 251.00 251.00 240.00 0.4 times
14 Wed Jul 2021 246.40 247.40 252.90 243.00 3.051 times
13 Tue Jul 2021 241.85 246.00 249.00 238.00 4.379 times
12 Mon Jul 2021 242.55 251.45 253.00 235.00 0.432 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 253.3, but if it comes below 253.3, then a intra day sell could be more profitable.
If you take a sell trade below 253.3, then use 253.3 as stoploss and 239.88 as target. However if you take a buy trade in stock , then use 253.3 as stoploss and 269.4 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 169.00
Downside Target 179.50
Downside Target 195.00
Downside Target 208.15
Downside Target 221.20
Downside Target 226.50
Downside Target 240.05
Downside Target 245.35
Downside Target 247.70
Downside Target 253.00
Upside Target 254.90
Upside Target 277.85

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 244.7
Downside Intraday Target 234.95
Upside Intraday Target 259.55
Upside Intraday Target 264.65
Downside Intraday Target 249.8

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
26 Mon Jul 2021 254.45 242.80 254.90 240.05 0.897 times
23 Fri Jul 2021 242.80 235.50 247.70 228.65 0.155 times
16 Fri Jul 2021 244.50 251.45 253.00 235.00 0.903 times
09 Fri Jul 2021 245.20 246.00 277.85 236.40 0.818 times
02 Fri Jul 2021 243.55 222.00 245.35 208.15 0.559 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
26 Mon Jul 2021 254.45 230.00 277.85 221.20 0.699 times
30 Wed Jun 2021 223.10 178.30 226.50 170.00 3.873 times
31 Mon May 2021 175.55 177.40 195.00 169.00 1.251 times
30 Fri Apr 2021 181.85 224.00 228.40 179.50 0.582 times

Scroll below to view daily charts

Price has moved up 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 27, 16, 26 Buy
MACD 21, 22Sell
Stochastics 60None
CCI 139Buy
RSI 67Buy
OBV 726821Sell
VWAP 244Buy
ADL 0Sell
ROC 4Buy
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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Olectra ( (Olectra) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Olectra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Olectra Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 moving up

CCI has generated a buy signal for Olectra in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 244.17 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Olectra (Olectra) stock. Volume based technical analysis of Olectra (Olectra) stock is negative.

Olectra Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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