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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 81171

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 1773.65 1771.65 1822.00 1760.00 0.558 times
16 Tue Apr 2024 1765.85 1729.00 1790.00 1720.00 0.864 times
15 Mon Apr 2024 1738.95 1705.05 1767.00 1700.00 3.271 times
12 Fri Apr 2024 1827.55 1846.15 1870.50 1818.00 0.486 times
10 Wed Apr 2024 1849.60 1878.00 1880.05 1830.60 0.975 times
09 Tue Apr 2024 1870.00 1879.80 1908.10 1855.05 0.349 times
08 Mon Apr 2024 1865.20 1936.95 1936.95 1850.00 0.677 times
05 Fri Apr 2024 1920.35 1923.95 1944.00 1897.10 1.141 times
04 Thu Apr 2024 1921.25 1937.95 2012.45 1908.50 0.828 times
03 Wed Apr 2024 1919.90 1913.95 1955.10 1908.05 0.457 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1746.6 as stoploss in an intra day buy trade for a target of 1826.28. However, stock will show a bearish move below 1746.6.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1178.00
Downside Target 1328.05
Downside Target 1378.55
Downside Target 1550.00
Downside Target 1680.00
Downside Target 1758.05
Upside Target 1804.55
Upside Target 1897.00
Upside Target 1936.95
Upside Target 1963.85
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 1708.43
Downside Intraday Target 1643.22
Upside Intraday Target 1830.43
Upside Intraday Target 1887.22
Downside Intraday Target 1765.22

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 1773.65 1705.05 1822.00 1700.00 1.887 times
12 Fri Apr 2024 1827.55 1936.95 1936.95 1818.00 0.524 times
05 Fri Apr 2024 1920.35 1902.95 2012.45 1897.00 0.787 times
28 Thu Mar 2024 1888.75 1789.85 1963.85 1758.05 1.308 times
22 Fri Mar 2024 1784.90 1721.00 1804.55 1680.00 0.39 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Olectra (Olectra)

Date Monthly Closing Price Open High Low Volume
18 Thu Apr 2024 1773.65 1902.95 2012.45 1700.00 0.448 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
31 Wed Jan 2024 1741.10 1349.00 1808.50 1328.05 2.563 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 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 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 SELL. Signal strength is Weak and stock is losing 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 buy signal for Olectra in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1818.62 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 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 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 SELL. Signal strength is Weak and stock is losing 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 buy signal for Olectra in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1818.62 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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