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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 2024-02-20 View latest technical analysis

10 day averaged volume of Olectra Greentech is 2562166

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	2089.75	2145.80	2146.80	2065.70	0.599 times
19 Mon Feb 2024	2135.10	2014.80	2159.95	1983.70	1.379 times
16 Fri Feb 2024	2006.40	2021.05	2063.25	1991.50	0.332 times
15 Thu Feb 2024	2010.95	2013.95	2079.95	2000.00	0.635 times
14 Wed Feb 2024	2003.90	1977.70	2036.85	1942.05	0.711 times
13 Tue Feb 2024	1995.70	1960.00	2034.75	1847.05	1.064 times
12 Mon Feb 2024	1946.40	2018.00	2134.00	1917.15	1.849 times
09 Fri Feb 2024	1999.75	1889.00	2048.00	1885.65	2.415 times
08 Thu Feb 2024	1879.80	1907.00	1915.00	1870.00	0.311 times
07 Wed Feb 2024	1905.75	1902.95	1948.95	1870.00	0.647 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2017.9, but if it comes below 2017.9, then a intra day sell could be more profitable.
If you take a sell trade below 2017.9, then use 2017.9 as stoploss and 1867.13 as target. However if you take a buy trade in stock , then use 2017.9 as stoploss and 2198.9 as target.

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
Upside Target	2134.00
Upside Target	2159.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1995.65
Downside Intraday Target	1901.55
Upside Intraday Target	2171.9
Upside Intraday Target	2254.05
Downside Intraday Target	2077.8

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	2089.75	2014.80	2159.95	1983.70	0.431 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
20 Tue Feb 2024	2089.75	1751.20	2159.95	1713.05	0.565 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 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 but buying is losing 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 2004.96 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.