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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 2024-06-03 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1043428

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	1804.85	1855.00	1876.15	1786.30	0.777 times
31 Fri May 2024	1746.15	1763.00	1787.25	1725.00	0.66 times
30 Thu May 2024	1757.70	1802.00	1806.30	1750.00	0.407 times
29 Wed May 2024	1801.20	1780.00	1825.00	1753.40	0.742 times
28 Tue May 2024	1787.10	1817.05	1834.35	1781.00	0.79 times
27 Mon May 2024	1808.80	1793.70	1865.00	1765.00	1.937 times
24 Fri May 2024	1784.35	1810.00	1851.00	1776.00	1.341 times
23 Thu May 2024	1808.70	1808.00	1839.00	1798.60	0.865 times
22 Wed May 2024	1793.95	1706.30	1805.20	1700.00	2.762 times
21 Tue May 2024	1704.25	1700.00	1725.00	1694.85	0.364 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1789.9, but if it comes below 1789.9, then a intra day sell could be more profitable.
If you take a sell trade below 1789.9, then use 1789.9 as stoploss and 1718.53 as target. However if you take a buy trade in stock , then use 1789.9 as stoploss and 1875.4 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1560.00
Downside Target	1694.85
Downside Target	1786.30
Upside Target	1851.00
Upside Target	1865.00
Upside Target	1876.15
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	1768.72
Downside Intraday Target	1732.58
Upside Intraday Target	1858.57
Upside Intraday Target	1912.28
Upside Intraday Target	1822.43

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	1804.85	1855.00	1876.15	1786.30	0.171 times
31 Fri May 2024	1746.15	1793.70	1865.00	1725.00	0.85 times
24 Fri May 2024	1784.35	1700.00	1851.00	1694.85	1.724 times
18 Sat May 2024	1722.20	1605.00	1730.00	1560.00	1.572 times
10 Fri May 2024	1609.25	1718.00	1718.90	1591.15	1.059 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
03 Mon Jun 2024	1804.85	1855.00	1876.15	1786.30	0.049 times
31 Fri May 2024	1746.15	1729.20	1865.00	1560.00	0.869 times
30 Tue Apr 2024	1726.70	1900.95	2011.75	1591.65	0.623 times
28 Thu Mar 2024	1888.55	1978.00	2011.50	1560.10	0.562 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 1790.02 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.