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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 2024-02-05 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1511548

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1839.65	1794.00	1923.70	1787.00	2.144 times
02 Fri Feb 2024	1786.65	1745.00	1810.00	1742.25	1.291 times
01 Thu Feb 2024	1727.55	1751.20	1849.00	1713.05	2.984 times
31 Wed Jan 2024	1742.05	1684.40	1768.45	1682.55	1.338 times
30 Tue Jan 2024	1682.15	1703.10	1708.60	1667.20	0.482 times
29 Mon Jan 2024	1693.75	1775.00	1798.55	1685.00	1.167 times
25 Thu Jan 2024	1697.80	1700.75	1718.95	1675.00	0.548 times
24 Wed Jan 2024	1694.55	1605.00	1719.95	1576.00	1.238 times
23 Tue Jan 2024	1608.85	1663.95	1685.80	1588.20	0.417 times
22 Mon Jan 2024	1655.65	1675.00	1678.85	1650.00	0.199 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 1836.9, for a target of 1751.6 or 1680.46

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	1787.00
Downside Target	1808.00
Upside Target	1849.00
Upside Target	1923.70

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1776.53
Downside Intraday Target	1713.42
Upside Intraday Target	1913.23
Upside Intraday Target	1986.82
Upside Intraday Target	1850.12

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	1839.65	1794.00	1923.70	1787.00	0.295 times
02 Fri Feb 2024	1786.65	1775.00	1849.00	1667.20	3.023 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

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
05 Mon Feb 2024	1839.65	1751.20	1923.70	1713.05	0.149 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 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 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 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 positive zone. This is a BUY zone

Stock of Olectra Greentech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1740.57 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.