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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 2024-08-01 View latest technical analysis

10 day averaged volume of Olectra Greentech is 504850

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	1695.40	1716.40	1717.95	1690.00	0.578 times
31 Wed Jul 2024	1709.10	1718.00	1730.75	1706.00	0.661 times
30 Tue Jul 2024	1714.45	1707.90	1757.00	1700.00	1.262 times
29 Mon Jul 2024	1707.85	1709.50	1733.60	1703.05	0.762 times
26 Fri Jul 2024	1707.90	1704.95	1732.70	1690.50	0.733 times
25 Thu Jul 2024	1701.70	1708.00	1722.00	1693.45	0.669 times
24 Wed Jul 2024	1724.30	1711.75	1745.00	1710.90	0.74 times
23 Tue Jul 2024	1710.95	1757.95	1759.50	1615.90	1.396 times
22 Mon Jul 2024	1753.75	1721.00	1778.10	1719.00	0.966 times
19 Fri Jul 2024	1755.60	1767.00	1769.00	1718.10	1.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1708.9, but if it comes above 1708.9, then a intra day buy could be more profitable.
If you take a sell trade below 1708.9, then use 1708.9 as stoploss and 1629.7 as target. However if you take a buy trade in stock , then use 1708.9 as stoploss and 1774.88 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	1690.00
Upside Target	1757.00
Upside Target	1842.55
Upside Target	1865.00
Upside Target	1875.50
Upside Target	1892.00
Upside Target	1960.00
Upside Target	2011.75

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1671.27
Downside Intraday Target	1647.13
Upside Intraday Target	1738.27
Upside Intraday Target	1781.13
Upside Intraday Target	1714.13

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	1695.40	1709.50	1757.00	1690.00	0.724 times
26 Fri Jul 2024	1707.90	1721.00	1778.10	1615.90	0.952 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

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
01 Thu Aug 2024	1695.40	1716.40	1717.95	1690.00	0.015 times
31 Wed Jul 2024	1709.10	1779.70	1960.00	1615.90	0.972 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

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 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 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 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 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 Strong and stock is gaining momentum.

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

Olectra Greentech Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

Stock of Olectra Greentech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1720.09 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 negative.

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