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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 2024-08-13 View latest technical analysis

10 day averaged volume of Olectra Greentech is 549255

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1653.40	1615.00	1742.00	1611.90	13.806 times
12 Mon Aug 2024	1542.95	1550.00	1560.00	1527.55	1.098 times
09 Fri Aug 2024	1562.10	1574.40	1583.65	1560.00	0.663 times
08 Thu Aug 2024	1554.40	1586.00	1594.00	1550.65	0.833 times
07 Wed Aug 2024	1583.40	1594.00	1594.00	1550.30	0.956 times
06 Tue Aug 2024	1557.45	1584.00	1629.70	1550.50	1.251 times
05 Mon Aug 2024	1592.85	1605.45	1639.15	1581.05	2.252 times
02 Fri Aug 2024	1677.55	1678.00	1689.70	1657.40	0.649 times
01 Thu Aug 2024	1695.40	1716.40	1717.95	1690.00	0.531 times
31 Wed Jul 2024	1709.10	1718.00	1730.75	1706.00	0.608 times

Stock of Olectra Greentech (OLECTRA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1595.5 or till 1501.2. Use a stoploss of 1674.09 and if the stock hits stoploss, then it can shoot up till 1752.66

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1527.55
Downside Target	1591.65
Upside Target	1718.10
Upside Target	1742.00
Upside Target	1757.00
Upside Target	1778.10
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	1539.97
Downside Intraday Target	1426.53
Upside Intraday Target	1754.42
Upside Intraday Target	1855.43
Downside Intraday Target	1640.98

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	1653.40	1550.00	1742.00	1527.55	2.503 times
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

Price has moved up 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
13 Tue Aug 2024	1653.40	1716.40	1742.00	1527.55	0.617 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1630.63 and Olectra Greentech (OLECTRA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.