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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 2024-08-09 View latest technical analysis

10 day averaged volume of Olectra Greentech is 527994

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1562.10	1574.40	1583.65	1560.00	0.69 times
08 Thu Aug 2024	1554.40	1586.00	1594.00	1550.65	0.866 times
07 Wed Aug 2024	1583.40	1594.00	1594.00	1550.30	0.994 times
06 Tue Aug 2024	1557.45	1584.00	1629.70	1550.50	1.302 times
05 Mon Aug 2024	1592.85	1605.45	1639.15	1581.05	2.342 times
02 Fri Aug 2024	1677.55	1678.00	1689.70	1657.40	0.675 times
01 Thu Aug 2024	1695.40	1716.40	1717.95	1690.00	0.552 times
31 Wed Jul 2024	1709.10	1718.00	1730.75	1706.00	0.632 times
30 Tue Jul 2024	1714.45	1707.90	1757.00	1700.00	1.206 times
29 Mon Jul 2024	1707.85	1709.50	1733.60	1703.05	0.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1613.6, but if it comes above 1613.6, then a intra day buy could be more profitable.
If you take a sell trade below 1613.6, then use 1613.6 as stoploss and 1516 as target. However if you take a buy trade in stock , then use 1613.6 as stoploss and 1694.91 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1550.30
Upside Target	1591.65
Upside Target	1717.95
Upside Target	1757.00
Upside Target	1795.20
Upside Target	1842.55
Upside Target	1865.00
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	1528.55
Downside Intraday Target	1495
Upside Intraday Target	1617.4
Upside Intraday Target	1672.7
Upside Intraday Target	1583.85

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1562.10	1605.45	1639.15	1550.30	1.632 times
02 Fri Aug 2024	1677.55	1709.50	1757.00	1657.40	0.881 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Olectra Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1562.10	1716.40	1717.95	1550.30	0.2 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1623.66 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.