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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 2024-02-01 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1015278

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1727.55	1751.20	1849.00	1713.05	4.443 times
31 Wed Jan 2024	1742.05	1684.40	1768.45	1682.55	1.992 times
30 Tue Jan 2024	1682.15	1703.10	1708.60	1667.20	0.718 times
29 Mon Jan 2024	1693.75	1775.00	1798.55	1685.00	1.737 times
25 Thu Jan 2024	1697.80	1700.75	1718.95	1675.00	0.817 times
24 Wed Jan 2024	1694.55	1605.00	1719.95	1576.00	1.843 times
23 Tue Jan 2024	1608.85	1663.95	1685.80	1588.20	0.621 times
22 Mon Jan 2024	1655.65	1675.00	1678.85	1650.00	0.297 times
19 Fri Jan 2024	1667.50	1665.35	1698.00	1655.00	0.499 times
18 Thu Jan 2024	1658.65	1666.00	1679.45	1550.00	0.723 times

Stock of Olectra Greentech (OLECTRA) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1737.3 as stoploss in an intra day sell trade for a target of 1639.24. However, stock will show a bullish move above 1737.3.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1018.00
Downside Target	1137.05
Downside Target	1177.45
Downside Target	1215.00
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1470.10
Downside Target	1550.00
Downside Target	1667.20
Downside Target	1713.05
Downside Target	1719.95
Upside Target	1808.00
Upside Target	1849.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1646.83
Downside Intraday Target	1566.12
Upside Intraday Target	1828.63
Upside Intraday Target	1929.72
Upside Intraday Target	1747.92

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1727.55	1775.00	1849.00	1667.20	2.486 times
25 Thu Jan 2024	1697.80	1675.00	1719.95	1576.00	0.934 times
19 Fri Jan 2024	1667.50	1696.65	1714.95	1550.00	0.111 times
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

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
01 Thu Feb 2024	1727.55	1751.20	1849.00	1713.05	0.069 times
31 Wed Jan 2024	1742.05	1349.00	1808.00	1327.40	2.466 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

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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Olectra Greentech in short term but the sell signal is initial and weak.

Olectra Greentech 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 stronger in this stock.

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

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 1704 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.