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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 2024-01-12 View latest technical analysis

10 day averaged volume of Olectra Greentech is 6104893

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1685.60	1705.00	1725.45	1656.10	0.228 times
11 Thu Jan 2024	1705.25	1747.00	1808.00	1640.00	1.514 times
10 Wed Jan 2024	1709.05	1540.00	1750.00	1526.00	1.931 times
09 Tue Jan 2024	1538.35	1526.60	1557.95	1515.00	0.436 times
08 Mon Jan 2024	1509.50	1472.00	1580.00	1470.10	1.65 times
05 Fri Jan 2024	1452.80	1354.35	1493.30	1344.00	1.601 times
04 Thu Jan 2024	1349.05	1344.20	1379.80	1340.40	0.118 times
03 Wed Jan 2024	1338.30	1357.00	1368.45	1332.60	0.13 times
02 Tue Jan 2024	1356.45	1377.95	1398.80	1327.40	0.351 times
01 Mon Jan 2024	1373.45	1349.00	1429.00	1345.05	0.76 times

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 1733.2, for a target of 1541.7 or 1382.17

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	1808.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1501.13
Downside Intraday Target	1316.67
Upside Intraday Target	1839.03
Upside Intraday Target	1992.47
Downside Intraday Target	1654.57

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1685.60	1472.00	1808.00	1470.10	1.946 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Olectra Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1685.60	1349.00	1808.00	1327.40	2.011 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, and volume has increased substantially. This means that the move can 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Olectra Greentech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 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 1560.58 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.