Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-19 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1345039

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	1611.30	1620.00	1639.95	1605.70	0.334 times
16 Fri Aug 2024	1608.40	1659.10	1663.70	1600.00	0.521 times
14 Wed Aug 2024	1642.70	1669.90	1691.35	1627.55	0.697 times
13 Tue Aug 2024	1653.40	1615.00	1742.00	1611.90	5.638 times
12 Mon Aug 2024	1542.95	1550.00	1560.00	1527.55	0.448 times
09 Fri Aug 2024	1562.10	1574.40	1583.65	1560.00	0.271 times
08 Thu Aug 2024	1554.40	1586.00	1594.00	1550.65	0.34 times
07 Wed Aug 2024	1583.40	1594.00	1594.00	1550.30	0.39 times
06 Tue Aug 2024	1557.45	1584.00	1629.70	1550.50	0.511 times
05 Mon Aug 2024	1592.85	1605.45	1639.15	1581.05	0.919 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1584.4 as stoploss in an intra day buy trade for a target of 1650.6. However, stock will show a bearish move below 1584.4.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1527.55
Downside Target	1591.65
Upside Target	1742.00
Upside Target	1757.00
Upside Target	1778.10
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	1598.02
Downside Intraday Target	1584.73
Upside Intraday Target	1632.27
Upside Intraday Target	1653.23
Upside Intraday Target	1618.98

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	1611.30	1620.00	1639.95	1605.70	0.046 times
16 Fri Aug 2024	1608.40	1550.00	1742.00	1527.55	3.004 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

Price has moved up 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 Mon Aug 2024	1611.30	1716.40	1742.00	1527.55	0.724 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

MACD generated a BUY signal for Olectra Greentech in short term but the buy signal is initial and weak.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Olectra Greentech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1625.11 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.