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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 2024-07-19 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1196768

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	1755.60	1767.00	1769.00	1718.10	0.432 times
18 Thu Jul 2024	1763.70	1811.00	1815.85	1760.00	0.754 times
16 Tue Jul 2024	1812.90	1814.70	1842.55	1804.00	0.432 times
15 Mon Jul 2024	1810.40	1800.10	1823.40	1787.95	0.377 times
12 Fri Jul 2024	1802.35	1841.00	1859.90	1795.20	0.686 times
11 Thu Jul 2024	1840.30	1859.10	1867.50	1835.10	0.417 times
10 Wed Jul 2024	1848.35	1910.00	1919.90	1812.60	1.059 times
09 Tue Jul 2024	1905.50	1920.00	1960.00	1890.00	1.423 times
08 Mon Jul 2024	1907.45	1820.00	1948.00	1819.50	3.636 times
05 Fri Jul 2024	1823.35	1802.70	1854.80	1786.05	0.882 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1768.5, but if it comes above 1768.5, then a intra day buy could be more profitable.
If you take a sell trade below 1768.5, then use 1768.5 as stoploss and 1717.7 as target. However if you take a buy trade in stock , then use 1768.5 as stoploss and 1810.78 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1560.00
Downside Target	1591.65
Downside Target	1718.10
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	1701.62
Downside Intraday Target	1647.63
Upside Intraday Target	1826.07
Upside Intraday Target	1896.53
Upside Intraday Target	1772.08

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	1755.60	1800.10	1842.55	1718.10	0.276 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 down 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
19 Fri Jul 2024	1755.60	1779.70	1960.00	1718.10	0.792 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 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 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 to mid 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 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 SELL. 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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

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 1858.82 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 positive

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