(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 2024-03-04 View latest technical analysis
10 day averaged volume of Olectra is 151650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 1947.85 | 1985.30 | 1993.00 | 1939.00 | 0.311 times |
| 02 Sat Mar 2024 | 1975.95 | 1988.95 | 1994.00 | 1950.00 | 0.032 times |
| 01 Fri Mar 2024 | 1962.05 | 1983.95 | 2011.85 | 1954.85 | 0.586 times |
| 29 Thu Feb 2024 | 1966.80 | 1958.00 | 1977.00 | 1906.85 | 0.869 times |
| 28 Wed Feb 2024 | 1958.00 | 2046.95 | 2046.95 | 1947.35 | 1.298 times |
| 27 Tue Feb 2024 | 2024.30 | 2022.00 | 2063.20 | 2010.00 | 0.578 times |
| 26 Mon Feb 2024 | 2015.30 | 2058.95 | 2065.00 | 2001.95 | 0.587 times |
| 23 Fri Feb 2024 | 2033.50 | 2127.15 | 2182.50 | 2020.00 | 2.229 times |
| 22 Thu Feb 2024 | 2103.85 | 2076.35 | 2222.00 | 2010.80 | 1.975 times |
| 21 Wed Feb 2024 | 2062.55 | 2109.90 | 2139.00 | 2046.65 | 0.832 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 1938.8 as stoploss in an intra day buy trade for a target of 2001.03. However, stock will show a bearish move below 1938.8.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 1138.25 |
| Downside Target | 1178.00 |
| Downside Target | 1328.05 |
| Downside Target | 1378.55 |
| Downside Target | 1714.15 |
| Downside Target | 1790.10 |
| Downside Target | 1845.35 |
| Downside Target | 1906.85 |
| Upside Target | 1983.80 |
| Upside Target | 2047.00 |
| Upside Target | 2065.00 |
| Upside Target | 2134.50 |
| Upside Target | 2222.00 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 1926.9 |
| Downside Intraday Target | 1905.95 |
| Upside Intraday Target | 1980.9 |
| Upside Intraday Target | 2013.95 |
| Upside Intraday Target | 1959.95 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 1947.85 | 1985.30 | 1993.00 | 1939.00 | 0.079 times |
| 02 Sat Mar 2024 | 1975.95 | 2058.95 | 2065.00 | 1906.85 | 0.571 times |
| 23 Fri Feb 2024 | 2033.50 | 2018.95 | 2222.00 | 1983.80 | 0.882 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 |
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 |
| 04 Mon Mar 2024 | 1947.85 | 1983.95 | 2011.85 | 1939.00 | 0.033 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 |
| 29 Fri Dec 2023 | 1347.55 | 1199.50 | 1378.55 | 1178.00 | 1.615 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.
Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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
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 2024.98 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.
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Olectra in short term but the sell signal is initial and weak.
Olectra Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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
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 2024.98 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.
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