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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 48043

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 1419.10 1430.05 1462.00 1413.85 1.17 times
18 Mon Nov 2024 1426.90 1433.25 1437.55 1386.15 1.299 times
14 Thu Nov 2024 1418.55 1427.15 1453.15 1413.35 1.279 times
13 Wed Nov 2024 1427.10 1500.90 1505.90 1421.25 2.612 times
12 Tue Nov 2024 1511.60 1562.25 1583.15 1496.00 1.56 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1393.5, for a target of 1493.4 or 1576.56

Share price targets for Olectra (Olectra)

Target Type Value
Downside Target 1386.15
Upside Target 1462.00
Upside Target 1520.45
Upside Target 1655.70
Upside Target 1665.00
Upside Target 1732.95
Upside Target 1736.55
Upside Target 1740.00
Upside Target 1786.65
Upside Target 1960.00

Intraday share price targets for Olectra (Olectra)

Target Type Value
Downside Intraday Target 1382.83
Downside Intraday Target 1346.57
Upside Intraday Target 1458.68
Upside Intraday Target 1498.27
Upside Intraday Target 1422.42

Weekly technical analysis of Olectra (Olectra)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 1419.10 1433.25 1462.00 1386.15 0.378 times
14 Thu Nov 2024 1418.55 1589.45 1590.00 1413.35 3.388 times
08 Fri Nov 2024 1592.50 1643.85 1655.70 1586.05 0.738 times
01 Fri Nov 2024 1654.20 1609.95 1665.00 1572.00 0.228 times
25 Fri Oct 2024 1596.25 1695.00 1736.55 1585.00 3.199 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
19 Tue Nov 2024 1419.10 1640.05 1665.00 1386.15 0.305 times
31 Thu Oct 2024 1648.75 1654.95 1786.65 1554.85 1.289 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

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 10, 38, 57 Sell
MACD -98, -66Sell
Stochastics 10Sell
CCI -84Buy
RSI 40Sell
OBV -64684Sell
VWAP 1471Sell
ADL 0Sell
ROC -12Sell
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 losing 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 red color and prices are in or above the red cloud Prices appear to be coming down

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 but selling is losing 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 1471.43 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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