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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 2024-07-16 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1216976

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1812.90	1814.70	1842.55	1804.00	0.425 times
15 Mon Jul 2024	1810.40	1800.10	1823.40	1787.95	0.371 times
12 Fri Jul 2024	1802.35	1841.00	1859.90	1795.20	0.674 times
11 Thu Jul 2024	1840.30	1859.10	1867.50	1835.10	0.41 times
10 Wed Jul 2024	1848.35	1910.00	1919.90	1812.60	1.042 times
09 Tue Jul 2024	1905.50	1920.00	1960.00	1890.00	1.399 times
08 Mon Jul 2024	1907.45	1820.00	1948.00	1819.50	3.575 times
05 Fri Jul 2024	1823.35	1802.70	1854.80	1786.05	0.867 times
04 Thu Jul 2024	1802.30	1817.70	1824.80	1800.00	0.329 times
03 Wed Jul 2024	1808.80	1818.00	1835.00	1801.00	0.4 times

My analysis of stock is bullish for shortterm, and stock might move up till 1853 or till 1902.5. Use a stoploss of 1811.75 and if this stock hits its stoploss, then it can fall down till 1770.5

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1560.00
Downside Target	1591.65
Downside Target	1732.25
Upside Target	1865.00
Upside Target	1875.50
Upside Target	1892.00
Upside Target	1960.00
Upside Target	2011.50
Upside Target	2011.75

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1786.38
Downside Intraday Target	1759.87
Upside Intraday Target	1840.98
Upside Intraday Target	1869.07
Upside Intraday Target	1814.47

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1812.90	1800.10	1842.55	1787.95	0.112 times
12 Fri Jul 2024	1802.35	1820.00	1960.00	1795.20	1.744 times
05 Fri Jul 2024	1823.35	1779.70	1875.50	1765.35	0.536 times
28 Fri Jun 2024	1779.25	1771.10	1892.00	1732.25	3.509 times
21 Fri Jun 2024	1771.10	1760.45	1824.90	1745.00	0.89 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
16 Tue Jul 2024	1812.90	1779.70	1960.00	1765.35	0.722 times
28 Fri Jun 2024	1779.25	1855.00	1892.00	1458.50	1.227 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

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 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 short 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

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid 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 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 Weak and stock is gaining momentum.

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

Olectra Greentech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Olectra Greentech in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1866.8 and Olectra Greentech (OLECTRA) stock is trading below this level. This means that stock is falling with high volumes. 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.