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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 2024-08-27 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1223867

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1567.85	1583.70	1590.00	1558.00	0.378 times
26 Mon Aug 2024	1579.50	1602.00	1602.00	1567.15	0.371 times
23 Fri Aug 2024	1596.50	1617.00	1619.80	1593.05	0.249 times
22 Thu Aug 2024	1612.70	1600.00	1631.95	1600.00	0.371 times
21 Wed Aug 2024	1598.05	1598.00	1609.40	1580.05	0.243 times
20 Tue Aug 2024	1594.45	1620.05	1632.20	1587.40	0.373 times
19 Mon Aug 2024	1611.30	1620.00	1639.95	1605.70	0.367 times
16 Fri Aug 2024	1608.40	1659.10	1663.70	1600.00	0.572 times
14 Wed Aug 2024	1642.70	1669.90	1691.35	1627.55	0.766 times
13 Tue Aug 2024	1653.40	1615.00	1742.00	1611.90	6.196 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 1561.6 as stoploss in an intra day buy trade for a target of 1612.73. However, stock will show a bearish move below 1561.6.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1527.55
Upside Target	1639.95
Upside Target	1657.40
Upside Target	1742.00
Upside Target	1757.00
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	1549.9
Downside Intraday Target	1531.95
Upside Intraday Target	1593.9
Upside Intraday Target	1619.95
Upside Intraday Target	1575.95

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1567.85	1602.00	1602.00	1558.00	0.468 times
23 Fri Aug 2024	1596.50	1620.00	1639.95	1580.05	0.2 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

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
27 Tue Aug 2024	1567.85	1716.40	1742.00	1527.55	0.847 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 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.

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 red color and prices are below the red 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

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 1635.82 and Olectra Greentech (OLECTRA) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.