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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 2024-04-23 View latest technical analysis

10 day averaged volume of Olectra Greentech is 813972

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1768.00	1807.00	1818.00	1750.25	0.978 times
22 Mon Apr 2024	1796.75	1771.40	1810.00	1766.10	0.748 times
19 Fri Apr 2024	1754.25	1751.95	1761.95	1721.45	0.592 times
18 Thu Apr 2024	1772.50	1776.70	1822.95	1761.15	0.769 times
16 Tue Apr 2024	1767.90	1730.00	1790.10	1722.45	1.056 times
15 Mon Apr 2024	1739.80	1755.00	1767.70	1700.10	2.101 times
12 Fri Apr 2024	1826.05	1842.55	1873.90	1815.00	0.686 times
10 Wed Apr 2024	1850.50	1878.00	1878.20	1830.00	0.804 times
09 Tue Apr 2024	1868.90	1880.00	1907.80	1850.00	0.83 times
08 Mon Apr 2024	1865.70	1925.00	1934.70	1849.10	1.452 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1770, but if it comes above 1770, then a intra day buy could be more profitable.
If you take a sell trade below 1770, then use 1770 as stoploss and 1689.9 as target. However if you take a buy trade in stock , then use 1770 as stoploss and 1836.72 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1177.45
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1560.10
Downside Target	1700.10
Downside Target	1750.25
Upside Target	1808.00
Upside Target	1896.70
Upside Target	1934.70
Upside Target	1964.65
Upside Target	2011.50
Upside Target	2011.75
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1739.5
Downside Intraday Target	1711
Upside Intraday Target	1807.25
Upside Intraday Target	1846.5
Upside Intraday Target	1778.75

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	1768.00	1771.40	1818.00	1750.25	0.382 times
19 Fri Apr 2024	1754.25	1755.00	1822.95	1700.10	1.198 times
12 Fri Apr 2024	1826.05	1925.00	1934.70	1815.00	0.611 times
05 Fri Apr 2024	1920.80	1900.95	2011.75	1896.70	0.739 times
28 Thu Mar 2024	1888.55	1784.05	1964.65	1758.15	1.005 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
23 Tue Apr 2024	1768.00	1900.95	2011.75	1700.10	0.434 times
28 Thu Mar 2024	1888.55	1978.00	2011.50	1560.10	0.562 times
29 Thu Feb 2024	1966.75	1751.20	2221.95	1713.05	0.828 times
31 Wed Jan 2024	1742.05	1349.00	1808.00	1327.40	2.466 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Olectra Greentech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Olectra Greentech in short term and the sell signal is strong.

Olectra Greentech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Olectra Greentech in short term and SELL 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

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 1796.88 and Olectra Greentech (OLECTRA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.