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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 2024-07-22 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1208396

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	1753.75	1721.00	1778.10	1719.00	0.404 times
19 Fri Jul 2024	1755.60	1767.00	1769.00	1718.10	0.428 times
18 Thu Jul 2024	1763.70	1811.00	1815.85	1760.00	0.747 times
16 Tue Jul 2024	1812.90	1814.70	1842.55	1804.00	0.428 times
15 Mon Jul 2024	1810.40	1800.10	1823.40	1787.95	0.373 times
12 Fri Jul 2024	1802.35	1841.00	1859.90	1795.20	0.679 times
11 Thu Jul 2024	1840.30	1859.10	1867.50	1835.10	0.413 times
10 Wed Jul 2024	1848.35	1910.00	1919.90	1812.60	1.049 times
09 Tue Jul 2024	1905.50	1920.00	1960.00	1890.00	1.409 times
08 Mon Jul 2024	1907.45	1820.00	1948.00	1819.50	3.601 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1766.6, but if it comes above 1766.6, then a intra day buy could be more profitable.
If you take a sell trade below 1766.6, then use 1766.6 as stoploss and 1714.7 as target. However if you take a buy trade in stock , then use 1766.6 as stoploss and 1809.91 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	1842.55
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	1722.47
Downside Intraday Target	1691.18
Upside Intraday Target	1781.57
Upside Intraday Target	1809.38
Downside Intraday Target	1750.28

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	1753.75	1721.00	1778.10	1719.00	0.204 times
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

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
22 Mon Jul 2024	1753.75	1779.70	1960.00	1718.10	0.816 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 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 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 losing 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 coming down

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 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 1857.62 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.