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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 2024-02-19 View latest technical analysis

10 day averaged volume of Olectra Greentech is 2532822

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	2135.10	2014.80	2159.95	1983.70	1.395 times
16 Fri Feb 2024	2006.40	2021.05	2063.25	1991.50	0.336 times
15 Thu Feb 2024	2010.95	2013.95	2079.95	2000.00	0.642 times
14 Wed Feb 2024	2003.90	1977.70	2036.85	1942.05	0.719 times
13 Tue Feb 2024	1995.70	1960.00	2034.75	1847.05	1.076 times
12 Mon Feb 2024	1946.40	2018.00	2134.00	1917.15	1.87 times
09 Fri Feb 2024	1999.75	1889.00	2048.00	1885.65	2.443 times
08 Thu Feb 2024	1879.80	1907.00	1915.00	1870.00	0.314 times
07 Wed Feb 2024	1905.75	1902.95	1948.95	1870.00	0.654 times
06 Tue Feb 2024	1896.10	1851.00	1904.95	1793.80	0.664 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 2172, for a target of 1993.9 or 1845.43

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	1576.00
Downside Target	1667.20
Downside Target	1713.05
Downside Target	1787.00
Downside Target	1847.05
Downside Target	1983.70
Downside Target	2048.00
Downside Target	2134.00
Upside Target	2159.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	2025.88
Downside Intraday Target	1916.67
Upside Intraday Target	2202.13
Upside Intraday Target	2269.17
Downside Intraday Target	2092.92

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	2135.10	2014.80	2159.95	1983.70	0.3 times
16 Fri Feb 2024	2006.40	2018.00	2134.00	1847.05	0.867 times
09 Fri Feb 2024	1999.75	1794.00	2048.00	1787.00	1.236 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

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
19 Mon Feb 2024	2135.10	1751.20	2159.95	1713.05	0.541 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 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 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 1992.74 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.