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(OLECTRA) Olectra Greentech complete technical analysis [charts+indicators] | Buy/Sell Olectra Greentech | (OLECTRA) share price targets

Complete technical analysis of Olectra Greentech (OLECTRA) by charts plus indicators, forecast predictions and share price targets for Olectra Greentech (OLECTRA)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Olectra Greentech is 2923015

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1509.50	1472.00	1580.00	1470.10	3.447 times
05 Fri Jan 2024	1452.80	1354.35	1493.30	1344.00	3.343 times
04 Thu Jan 2024	1349.05	1344.20	1379.80	1340.40	0.247 times
03 Wed Jan 2024	1338.30	1357.00	1368.45	1332.60	0.272 times
02 Tue Jan 2024	1356.45	1377.95	1398.80	1327.40	0.733 times
01 Mon Jan 2024	1373.45	1349.00	1429.00	1345.05	1.586 times
29 Fri Dec 2023	1346.80	1257.05	1378.80	1255.00	3.152 times
28 Thu Dec 2023	1246.60	1257.80	1269.70	1242.55	0.132 times
27 Wed Dec 2023	1253.00	1259.70	1268.90	1240.20	0.137 times
26 Tue Dec 2023	1254.05	1234.70	1264.00	1226.05	0.279 times

Stock of Olectra Greentech (OLECTRA) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1470.1, for a target of 1376.6 or 1298.73

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1018.00
Downside Target	1137.05
Downside Target	1177.45
Downside Target	1213.15
Downside Target	1285.00
Downside Target	1324.30
Downside Target	1345.70
Downside Target	1378.80
Downside Target	1470.10
Downside Target	1493.30
Upside Target	1580.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1459.73
Downside Intraday Target	1409.97
Upside Intraday Target	1569.63
Upside Intraday Target	1629.77
Upside Intraday Target	1519.87

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1509.50	1472.00	1580.00	1470.10	0.558 times
05 Fri Jan 2024	1452.80	1349.00	1493.30	1327.40	1.671 times
29 Fri Dec 2023	1346.80	1234.70	1378.80	1226.05	2.261 times
22 Fri Dec 2023	1229.10	1290.00	1324.30	1181.25	0.688 times
15 Fri Dec 2023	1280.95	1245.00	1345.70	1213.15	1.917 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 Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	1509.50	1349.00	1580.00	1327.40	1.063 times
29 Fri Dec 2023	1346.80	1201.60	1378.80	1177.45	1.698 times
30 Thu Nov 2023	1194.25	1144.00	1338.00	1137.05	2.354 times
31 Tue Oct 2023	1139.25	1200.85	1215.00	1018.00	0.615 times

Scroll below to view daily charts

Price has moved up 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 Greentech (OLECTRA)

Price action analysis of Olectra Greentech ( (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 Greentech ( (OLECTRA) ) based on a short 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.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid 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.

Price action analysis of Olectra Greentech ( (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 Greentech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Olectra Greentech in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Olectra Greentech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Olectra Greentech 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 Greentech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1415.14 and Olectra Greentech (OLECTRA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Olectra Greentech (OLECTRA) stock. Volume based technical analysis of Olectra Greentech (OLECTRA) stock is negative.

Olectra Greentech Stock is giving positive 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.