(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 2024-03-21 View latest technical analysis
10 day averaged volume of Olectra is 136253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 1771.80 | 1712.35 | 1794.00 | 1712.35 | 0.598 times |
| 20 Wed Mar 2024 | 1688.40 | 1719.65 | 1747.10 | 1680.00 | 0.318 times |
| 19 Tue Mar 2024 | 1708.60 | 1716.05 | 1749.00 | 1685.05 | 1.048 times |
| 18 Mon Mar 2024 | 1715.40 | 1721.00 | 1782.15 | 1701.10 | 0.427 times |
| 15 Fri Mar 2024 | 1742.85 | 1733.85 | 1787.85 | 1686.50 | 0.946 times |
| 14 Thu Mar 2024 | 1790.45 | 1570.05 | 1827.90 | 1560.10 | 1.702 times |
| 13 Wed Mar 2024 | 1588.90 | 1745.00 | 1799.00 | 1550.00 | 3.14 times |
| 12 Tue Mar 2024 | 1745.20 | 1837.00 | 1843.05 | 1732.00 | 0.592 times |
| 11 Mon Mar 2024 | 1836.95 | 1900.95 | 1904.90 | 1828.00 | 0.67 times |
| 07 Thu Mar 2024 | 1897.85 | 1870.05 | 1929.75 | 1870.00 | 0.731 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 1730.5 as stoploss in an intra day buy trade for a target of 1858.57. However, stock will show a bearish move below 1730.5.
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 | 1550.00 |
| Downside Target | 1680.00 |
| Downside Target | 1714.15 |
| Upside Target | 1794.00 |
| Upside Target | 1851.40 |
| Upside Target | 1904.90 |
| Upside Target | 1983.80 |
| Upside Target | 2011.85 |
| Upside Target | 2065.00 |
| Upside Target | 2222.00 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 1703.2 |
| Downside Intraday Target | 1634.6 |
| Upside Intraday Target | 1817.2 |
| Upside Intraday Target | 1862.6 |
| Downside Intraday Target | 1748.6 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 1771.80 | 1721.00 | 1794.00 | 1680.00 | 0.339 times |
| 15 Fri Mar 2024 | 1742.85 | 1900.95 | 1904.90 | 1550.00 | 3.989 times |
| 07 Thu Mar 2024 | 1897.85 | 1985.30 | 1993.00 | 1851.40 | 0.402 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 |
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 |
| 21 Thu Mar 2024 | 1771.80 | 1983.95 | 2011.85 | 1550.00 | 0.38 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Olectra in short term and the sell 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 1716.08 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Olectra in short term and the sell 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 1716.08 and Olectra (Olectra) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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