(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 2024-08-28 View latest technical analysis
10 day averaged volume of Olectra is 103965
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 1583.20 | 1580.55 | 1638.95 | 1576.40 | 1.462 times |
| 27 Tue Aug 2024 | 1570.75 | 1582.05 | 1596.80 | 1559.00 | 0.194 times |
| 26 Mon Aug 2024 | 1579.20 | 1598.35 | 1604.05 | 1566.90 | 0.595 times |
| 23 Fri Aug 2024 | 1597.50 | 1624.45 | 1624.45 | 1593.25 | 0.166 times |
| 22 Thu Aug 2024 | 1612.00 | 1603.05 | 1630.00 | 1603.05 | 0.544 times |
| 21 Wed Aug 2024 | 1598.10 | 1595.10 | 1608.90 | 1579.55 | 0.534 times |
| 20 Tue Aug 2024 | 1594.80 | 1624.00 | 1631.95 | 1588.50 | 0.605 times |
| 19 Mon Aug 2024 | 1611.50 | 1613.95 | 1639.45 | 1607.00 | 0.579 times |
| 16 Fri Aug 2024 | 1609.25 | 1662.45 | 1663.00 | 1601.20 | 0.31 times |
| 14 Wed Aug 2024 | 1641.60 | 1679.75 | 1691.25 | 1627.30 | 1.223 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 1560.6 as stoploss in an intra day buy trade for a target of 1606.38. However, stock will show a bearish move below 1560.6.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 1460.00 |
| Downside Target | 1527.85 |
| Upside Target | 1639.45 |
| Upside Target | 1657.45 |
| Upside Target | 1740.00 |
| Upside Target | 1757.00 |
| Upside Target | 1863.60 |
| Upside Target | 1891.85 |
| Upside Target | 1960.00 |
| Upside Target | 2012.45 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 1548.48 |
| Downside Intraday Target | 1513.77 |
| Upside Intraday Target | 1628.43 |
| Upside Intraday Target | 1673.67 |
| Upside Intraday Target | 1593.72 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 1583.20 | 1598.35 | 1638.95 | 1559.00 | 0.927 times |
| 23 Fri Aug 2024 | 1597.50 | 1613.95 | 1639.45 | 1579.55 | 0.343 times |
| 16 Fri Aug 2024 | 1609.25 | 1540.15 | 1740.00 | 1527.85 | 2.383 times |
| 09 Fri Aug 2024 | 1561.85 | 1619.95 | 1638.05 | 1549.05 | 1.49 times |
| 02 Fri Aug 2024 | 1676.65 | 1715.00 | 1757.00 | 1657.45 | 0.775 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 |
| 28 Wed Aug 2024 | 1583.20 | 1710.65 | 1740.00 | 1527.85 | 1.142 times |
| 31 Wed Jul 2024 | 1709.50 | 1787.50 | 1960.00 | 1613.85 | 0.749 times |
| 28 Fri Jun 2024 | 1779.20 | 1840.05 | 1891.85 | 1460.00 | 1.268 times |
| 31 Fri May 2024 | 1746.40 | 1727.40 | 1863.60 | 1560.00 | 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Olectra in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 1603.18 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Olectra in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 1603.18 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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