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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 2024-02-06 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1784906

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1896.10	1851.00	1904.95	1793.80	0.943 times
05 Mon Feb 2024	1839.65	1794.00	1923.70	1787.00	1.816 times
02 Fri Feb 2024	1786.65	1745.00	1810.00	1742.25	1.093 times
01 Thu Feb 2024	1727.55	1751.20	1849.00	1713.05	2.527 times
31 Wed Jan 2024	1742.05	1684.40	1768.45	1682.55	1.133 times
30 Tue Jan 2024	1682.15	1703.10	1708.60	1667.20	0.408 times
29 Mon Jan 2024	1693.75	1775.00	1798.55	1685.00	0.988 times
25 Thu Jan 2024	1697.80	1700.75	1718.95	1675.00	0.464 times
24 Wed Jan 2024	1694.55	1605.00	1719.95	1576.00	1.048 times
23 Tue Jan 2024	1608.85	1663.95	1685.80	1588.20	0.353 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 1863.6, for a target of 1774.3 or 1699.79

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
Downside Target	1849.00
Upside Target	1923.70

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1814.17
Downside Intraday Target	1732.23
Upside Intraday Target	1950.87
Upside Intraday Target	2005.63
Downside Intraday Target	1868.93

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	1896.10	1794.00	1923.70	1787.00	0.449 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
06 Tue Feb 2024	1896.10	1751.20	1923.70	1713.05	0.174 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 losing 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 1755.51 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.