(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 2024-05-06 View latest technical analysis
10 day averaged volume of Olectra is 89963
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 1676.75 | 1711.05 | 1721.85 | 1660.00 | 0.37 times |
| 03 Fri May 2024 | 1709.60 | 1725.20 | 1741.40 | 1702.15 | 0.333 times |
| 02 Thu May 2024 | 1721.80 | 1727.40 | 1743.15 | 1719.50 | 0.317 times |
| 30 Tue Apr 2024 | 1726.05 | 1749.85 | 1755.45 | 1712.05 | 0.321 times |
| 29 Mon Apr 2024 | 1734.60 | 1766.85 | 1777.95 | 1728.95 | 1.116 times |
| 26 Fri Apr 2024 | 1746.05 | 1600.05 | 1769.85 | 1600.05 | 4.343 times |
| 25 Thu Apr 2024 | 1812.35 | 1782.00 | 1833.45 | 1774.55 | 0.42 times |
| 24 Wed Apr 2024 | 1773.40 | 1796.95 | 1821.90 | 1750.00 | 0.84 times |
| 23 Tue Apr 2024 | 1765.80 | 1807.65 | 1818.70 | 1750.10 | 0.68 times |
| 22 Mon Apr 2024 | 1794.65 | 1786.50 | 1809.00 | 1768.00 | 0.304 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1720, but if it comes above 1720, then a intra day buy could be more profitable.
If you take a sell trade below 1720, then use 1720 as stoploss and 1639.3 as target. However if you take a buy trade in stock , then use 1720 as stoploss and 1787.25 as target.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 1328.05 |
| Downside Target | 1550.00 |
| Downside Target | 1600.05 |
| Downside Target | 1660.00 |
| Upside Target | 1700.00 |
| Upside Target | 1777.95 |
| Upside Target | 1818.00 |
| Upside Target | 1822.00 |
| Upside Target | 1833.45 |
| Upside Target | 1936.95 |
| 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 | 1650.55 |
| Downside Intraday Target | 1624.35 |
| Upside Intraday Target | 1712.4 |
| Upside Intraday Target | 1748.05 |
| Upside Intraday Target | 1686.2 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 1676.75 | 1711.05 | 1721.85 | 1660.00 | 0.177 times |
| 03 Fri May 2024 | 1709.60 | 1766.85 | 1777.95 | 1702.15 | 0.317 times |
| 26 Fri Apr 2024 | 1746.05 | 1786.50 | 1833.45 | 1600.05 | 1.185 times |
| 19 Fri Apr 2024 | 1751.55 | 1705.05 | 1822.00 | 1700.00 | 2.478 times |
| 12 Fri Apr 2024 | 1827.55 | 1936.95 | 1936.95 | 1818.00 | 0.524 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 |
| 06 Mon May 2024 | 1676.75 | 1727.40 | 1743.15 | 1660.00 | 0.051 times |
| 30 Tue Apr 2024 | 1726.05 | 1902.95 | 2012.45 | 1600.05 | 0.838 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 |
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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1747.64 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1747.64 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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