(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 2024-02-22 View latest technical analysis
10 day averaged volume of Olectra is 189869
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 2103.85 | 2076.35 | 2222.00 | 2010.80 | 1.577 times |
| 21 Wed Feb 2024 | 2062.55 | 2109.90 | 2139.00 | 2046.65 | 0.664 times |
| 20 Tue Feb 2024 | 2090.00 | 2145.30 | 2150.00 | 2068.00 | 0.81 times |
| 19 Mon Feb 2024 | 2135.80 | 2018.95 | 2158.95 | 1983.80 | 0.697 times |
| 16 Fri Feb 2024 | 2003.50 | 2037.35 | 2060.45 | 1991.10 | 0.542 times |
| 15 Thu Feb 2024 | 2011.45 | 2016.45 | 2079.80 | 1999.30 | 0.869 times |
| 14 Wed Feb 2024 | 2004.20 | 1968.10 | 2037.95 | 1939.80 | 0.57 times |
| 13 Tue Feb 2024 | 1994.30 | 1960.00 | 2034.00 | 1845.35 | 1.749 times |
| 12 Mon Feb 2024 | 1946.45 | 2034.05 | 2134.50 | 1916.60 | 2.54 times |
| 09 Fri Feb 2024 | 2000.10 | 1897.85 | 2047.00 | 1892.30 | 1.31 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2054.2, but if it comes below 2054.2, then a intra day sell could be more profitable.
If you take a sell trade below 2054.2, then use 2054.2 as stoploss and 1910.17 as target. However if you take a buy trade in stock , then use 2054.2 as stoploss and 2227.1 as target.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 1017.60 |
| Downside Target | 1138.25 |
| Downside Target | 1178.00 |
| Downside Target | 1214.35 |
| Downside Target | 1328.05 |
| Downside Target | 1378.55 |
| Downside Target | 1579.00 |
| Downside Target | 1668.35 |
| Downside Target | 1714.15 |
| Downside Target | 1790.10 |
| Downside Target | 1845.35 |
| Downside Target | 1983.80 |
| Downside Target | 2047.00 |
| Upside Target | 2134.50 |
| Upside Target | 2222.00 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 1984.43 |
| Downside Intraday Target | 1865.02 |
| Upside Intraday Target | 2222.63 |
| Upside Intraday Target | 2341.42 |
| Downside Intraday Target | 2103.22 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 2103.85 | 2018.95 | 2222.00 | 1983.80 | 0.598 times |
| 16 Fri Feb 2024 | 2003.50 | 2034.05 | 2134.50 | 1845.35 | 1.2 times |
| 09 Fri Feb 2024 | 2000.10 | 1792.20 | 2047.00 | 1790.10 | 1.128 times |
| 02 Fri Feb 2024 | 1787.35 | 1775.25 | 1849.25 | 1668.35 | 2.92 times |
| 25 Thu Jan 2024 | 1699.20 | 1673.00 | 1719.90 | 1579.00 | 0.873 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 |
| 22 Thu Feb 2024 | 2103.85 | 1758.85 | 2222.00 | 1714.15 | 0.656 times |
| 31 Wed Jan 2024 | 1741.10 | 1349.00 | 1808.50 | 1328.05 | 2.563 times |
| 29 Fri Dec 2023 | 1347.55 | 1199.50 | 1378.55 | 1178.00 | 1.615 times |
| 30 Thu Nov 2023 | 1194.25 | 1142.10 | 1340.00 | 1138.25 | 1.583 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)
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 2021.3 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.
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 2021.3 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.
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