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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 2024-08-28 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1209809

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1583.95	1583.00	1639.75	1576.65	1.348 times
27 Tue Aug 2024	1567.85	1583.70	1590.00	1558.00	0.382 times
26 Mon Aug 2024	1579.50	1602.00	1602.00	1567.15	0.376 times
23 Fri Aug 2024	1596.50	1617.00	1619.80	1593.05	0.252 times
22 Thu Aug 2024	1612.70	1600.00	1631.95	1600.00	0.375 times
21 Wed Aug 2024	1598.05	1598.00	1609.40	1580.05	0.246 times
20 Tue Aug 2024	1594.45	1620.05	1632.20	1587.40	0.377 times
19 Mon Aug 2024	1611.30	1620.00	1639.95	1605.70	0.371 times
16 Fri Aug 2024	1608.40	1659.10	1663.70	1600.00	0.579 times
14 Wed Aug 2024	1642.70	1669.90	1691.35	1627.55	0.775 times

My analysis of stock is bearish for shortterm, and stock might move down till 1560.4 or till 1505.4. Use a stoploss of 1606.2 and if the stock hits stoploss, then it can shoot up till 1652

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	1548.05
Downside Intraday Target	1512.15
Upside Intraday Target	1629.8
Upside Intraday Target	1675.65
Upside Intraday Target	1593.9

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	1583.95	1602.00	1639.75	1558.00	1.3 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
28 Wed Aug 2024	1583.95	1716.40	1742.00	1527.55	0.931 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 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 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 moving up

CCI has generated a buy signal for Olectra Greentech in short term but BUY 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

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 1600.36 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.