(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 2024-10-28 View latest technical analysis
10 day averaged volume of Olectra is 72276
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 1619.10 | 1609.95 | 1645.85 | 1572.00 | 0.547 times |
| 25 Fri Oct 2024 | 1596.25 | 1653.00 | 1683.90 | 1585.00 | 1.738 times |
| 24 Thu Oct 2024 | 1649.55 | 1655.05 | 1717.00 | 1631.00 | 1.401 times |
| 23 Wed Oct 2024 | 1645.60 | 1684.00 | 1715.85 | 1613.40 | 2.384 times |
| 22 Tue Oct 2024 | 1621.00 | 1726.65 | 1734.60 | 1608.60 | 0.78 times |
| 21 Mon Oct 2024 | 1726.60 | 1695.00 | 1736.55 | 1689.25 | 1.316 times |
| 18 Fri Oct 2024 | 1685.45 | 1677.85 | 1701.65 | 1644.00 | 0.333 times |
| 17 Thu Oct 2024 | 1680.05 | 1710.00 | 1716.35 | 1671.35 | 0.636 times |
| 16 Wed Oct 2024 | 1709.80 | 1720.25 | 1747.65 | 1702.95 | 0.589 times |
| 15 Tue Oct 2024 | 1727.00 | 1735.00 | 1786.65 | 1712.05 | 0.297 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1622.8, but if it comes above 1622.8, then a intra day buy could be more profitable.
If you take a sell trade below 1622.8, then use 1622.8 as stoploss and 1560.7 as target. However if you take a buy trade in stock , then use 1622.8 as stoploss and 1674.46 as target.
Share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Target | 1460.00 |
| Downside Target | 1520.45 |
| Upside Target | 1732.95 |
| Upside Target | 1736.55 |
| Upside Target | 1740.00 |
| Upside Target | 1768.00 |
| Upside Target | 1769.00 |
| Upside Target | 1786.65 |
| Upside Target | 1891.85 |
| Upside Target | 1960.00 |
Intraday share price targets for Olectra (Olectra)
| Target Type | Value |
| Downside Intraday Target | 1578.78 |
| Downside Intraday Target | 1538.47 |
| Upside Intraday Target | 1652.63 |
| Upside Intraday Target | 1686.17 |
| Downside Intraday Target | 1612.32 |
Weekly technical analysis of Olectra (Olectra)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 1619.10 | 1609.95 | 1645.85 | 1572.00 | 0.072 times |
| 25 Fri Oct 2024 | 1596.25 | 1695.00 | 1736.55 | 1585.00 | 3.199 times |
| 18 Fri Oct 2024 | 1685.45 | 1756.95 | 1786.65 | 1644.00 | 0.345 times |
| 11 Fri Oct 2024 | 1750.95 | 1645.00 | 1768.00 | 1554.85 | 1.098 times |
| 03 Thu Oct 2024 | 1709.60 | 1635.00 | 1769.00 | 1614.40 | 2.169 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 |
| 28 Mon Oct 2024 | 1619.10 | 1654.95 | 1786.65 | 1554.85 | 1.237 times |
| 30 Mon Sep 2024 | 1657.80 | 1563.25 | 1732.95 | 1520.45 | 0.815 times |
| 30 Fri Aug 2024 | 1562.05 | 1710.65 | 1740.00 | 1527.85 | 1.2 times |
| 31 Wed Jul 2024 | 1709.50 | 1787.50 | 1960.00 | 1613.85 | 0.749 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Olectra ( (Olectra) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Olectra in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 1654.56 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Olectra ( (Olectra) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Olectra in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 1654.56 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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