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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 2024-06-18 View latest technical analysis

10 day averaged volume of Olectra Greentech is 829442

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1796.85	1760.45	1820.00	1751.50	1.235 times
14 Fri Jun 2024	1757.15	1755.00	1782.40	1743.30	0.566 times
13 Thu Jun 2024	1749.65	1788.00	1792.60	1746.70	0.638 times
12 Wed Jun 2024	1779.65	1792.95	1796.95	1775.15	0.56 times
11 Tue Jun 2024	1787.50	1757.00	1834.00	1730.00	1.262 times
10 Mon Jun 2024	1749.10	1760.20	1784.00	1741.00	0.545 times
07 Fri Jun 2024	1748.20	1699.50	1758.00	1685.20	0.897 times
06 Thu Jun 2024	1693.95	1658.70	1738.50	1658.00	0.952 times
05 Wed Jun 2024	1637.15	1653.75	1670.90	1547.05	1.255 times
04 Tue Jun 2024	1621.45	1795.05	1799.95	1458.50	2.347 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 1808.5 as stoploss in an intra day sell trade for a target of 1755.89. However, stock will show a bullish move above 1808.5.

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	1820.00
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	1758.9
Downside Intraday Target	1720.95
Upside Intraday Target	1827.4
Upside Intraday Target	1857.95
Downside Intraday Target	1789.45

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1796.85	1760.45	1820.00	1751.50	0.346 times
14 Fri Jun 2024	1757.15	1760.20	1834.00	1730.00	0.556 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

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
18 Tue Jun 2024	1796.85	1855.00	1876.15	1458.50	0.567 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 neutral. A longer time frame might give a better analysis.

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Olectra Greentech stock for short term is BUY. Signal strength is Weak and stock is losing 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 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 1713.62 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 has given negative 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.