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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 2024-06-11 View latest technical analysis

10 day averaged volume of Olectra Greentech is 849516

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1787.50	1757.00	1834.00	1730.00	1.232 times
10 Mon Jun 2024	1749.10	1760.20	1784.00	1741.00	0.532 times
07 Fri Jun 2024	1748.20	1699.50	1758.00	1685.20	0.876 times
06 Thu Jun 2024	1693.95	1658.70	1738.50	1658.00	0.929 times
05 Wed Jun 2024	1637.15	1653.75	1670.90	1547.05	1.226 times
04 Tue Jun 2024	1621.45	1795.05	1799.95	1458.50	2.292 times
03 Mon Jun 2024	1804.85	1855.00	1876.15	1786.30	0.954 times
31 Fri May 2024	1746.15	1763.00	1787.25	1725.00	0.81 times
30 Thu May 2024	1757.70	1802.00	1806.30	1750.00	0.5 times
29 Wed May 2024	1801.20	1780.00	1825.00	1753.40	0.911 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1797.8 as stoploss in an intra day sell trade for a target of 1742.74. However, stock will show a bullish move above 1797.8.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1560.00
Downside Target	1591.65
Downside Target	1694.85
Upside Target	1834.00
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	1733.67
Downside Intraday Target	1679.83
Upside Intraday Target	1837.67
Upside Intraday Target	1887.83
Downside Intraday Target	1783.83

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	1787.50	1760.20	1834.00	1730.00	0.281 times
07 Fri Jun 2024	1748.20	1855.00	1876.15	1458.50	1.127 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

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
11 Tue Jun 2024	1787.50	1855.00	1876.15	1458.50	0.415 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Olectra Greentech in short term but the buy signal is initial and weak.

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 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 SELL signal in short term but selling is losing 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 1716.76 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.