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(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)

10 day averaged volume of Olectra is 95652

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 1726.05 1749.85 1755.45 1712.05 0.302 times
29 Mon Apr 2024 1734.60 1766.85 1777.95 1728.95 1.049 times
26 Fri Apr 2024 1746.05 1600.05 1769.85 1600.05 4.085 times
25 Thu Apr 2024 1812.35 1782.00 1833.45 1774.55 0.395 times
24 Wed Apr 2024 1773.40 1796.95 1821.90 1750.00 0.79 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1749.6, but if it comes above 1749.6, then a intra day buy could be more profitable.
If you take a sell trade below 1749.6, then use 1749.6 as stoploss and 1666 as target. However if you take a buy trade in stock , then use 1749.6 as stoploss and 1819.18 as target.

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1178.00
Downside Target 1328.05
Downside Target 1378.55
Downside Target 1550.00
Downside Target 1600.05
Downside Target 1700.00
Upside Target 1777.95
Upside Target 1897.00
Upside Target 1936.95
Upside Target 2011.85
Upside Target 2012.45
Upside Target 2222.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 1699.42
Downside Intraday Target 1672.78
Upside Intraday Target 1765.32
Upside Intraday Target 1804.58
Upside Intraday Target 1738.68

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 1726.05 1766.85 1777.95 1712.05 0.218 times
26 Fri Apr 2024 1746.05 1786.50 1833.45 1600.05 1.185 times
19 Fri Apr 2024 1751.55 1705.05 1822.00 1700.00 2.478 times
12 Fri Apr 2024 1827.55 1936.95 1936.95 1818.00 0.524 times
05 Fri Apr 2024 1920.35 1902.95 2012.45 1897.00 0.787 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
30 Tue Apr 2024 1726.05 1902.95 2012.45 1600.05 0.838 times
28 Thu Mar 2024 1888.75 1983.95 2011.85 1550.00 0.506 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 35, 43 Sell
MACD -37, -25Sell
Stochastics 55None
CCI -83Sell
RSI 53Buy
OBV -894869Sell
VWAP 1755Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 1755.12 and Olectra (Olectra) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Click here for further forecast and predictions for tomorrow

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