(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 338814
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 657.70 | 659.00 | 675.00 | 647.15 | 0.506 times |
| 22 Wed Mar 2023 | 659.45 | 630.05 | 673.90 | 622.90 | 0.88 times |
| 21 Tue Mar 2023 | 628.50 | 622.35 | 636.00 | 618.00 | 0.167 times |
| 20 Mon Mar 2023 | 617.60 | 631.05 | 637.00 | 613.95 | 0.252 times |
| 17 Fri Mar 2023 | 631.90 | 605.20 | 654.30 | 582.50 | 0.962 times |
| 16 Thu Mar 2023 | 597.95 | 630.10 | 635.00 | 592.55 | 0.567 times |
| 15 Wed Mar 2023 | 633.85 | 680.00 | 686.05 | 621.00 | 0.432 times |
| 14 Tue Mar 2023 | 668.20 | 705.00 | 717.45 | 661.35 | 0.38 times |
| 13 Mon Mar 2023 | 711.05 | 704.05 | 726.20 | 683.55 | 1.264 times |
| 10 Fri Mar 2023 | 704.35 | 686.00 | 743.50 | 676.60 | 2.769 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 669.4 as stoploss in an intra day sell trade for a target of 586.94. However, stock will show a bullish move above 669.4.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 374.35 |
| Downside Target | 458.00 |
| Downside Target | 480.00 |
| Downside Target | 522.05 |
| Downside Target | 558.55 |
| Downside Target | 572.65 |
| Downside Target | 578.45 |
| Downside Target | 582.50 |
| Downside Target | 613.95 |
| Upside Target | 675.00 |
| Upside Target | 726.20 |
| Upside Target | 743.50 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 622.77 |
| Downside Intraday Target | 587.83 |
| Upside Intraday Target | 683.82 |
| Upside Intraday Target | 709.93 |
| Downside Intraday Target | 648.88 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 657.70 | 631.05 | 675.00 | 613.95 | 0.501 times |
| 17 Fri Mar 2023 | 631.90 | 704.05 | 726.20 | 582.50 | 0.628 times |
| 10 Fri Mar 2023 | 704.35 | 522.05 | 743.50 | 522.05 | 1.02 times |
| 03 Fri Mar 2023 | 521.10 | 500.30 | 558.55 | 480.00 | 2.559 times |
| 24 Fri Feb 2023 | 481.25 | 428.65 | 482.45 | 374.35 | 4.425 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 |
| 23 Thu Mar 2023 | 657.70 | 497.00 | 743.50 | 480.00 | 1.536 times |
| 28 Tue Feb 2023 | 497.80 | 480.55 | 558.55 | 374.35 | 4.337 times |
| 31 Tue Jan 2023 | 472.65 | 498.00 | 528.00 | 459.00 | 1.104 times |
| 30 Fri Dec 2022 | 494.40 | 505.10 | 578.45 | 464.15 | 0.543 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Olectra (Olectra)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 36, 15, 42 | Buy |
| MACD | 77, 74 | Buy |
| Stochastics | 48 | None |
| CCI | 14 | Buy |
| RSI | 62 | Buy |
| OBV | 3745742 | Sell |
| VWAP | 672 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Olectra ( (Olectra) ) based on a short 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.
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 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.
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 BUY signal for Olectra in short term and the buy signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 672.15 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow