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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 2024-09-06 View latest technical analysis

10 day averaged volume of Olectra Greentech is 495522

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1546.40	1567.00	1567.00	1543.00	0.411 times
05 Thu Sep 2024	1562.10	1567.70	1580.95	1558.05	0.519 times
04 Wed Sep 2024	1560.50	1532.55	1584.00	1532.55	0.768 times
03 Tue Sep 2024	1573.75	1554.65	1582.65	1545.30	0.776 times
02 Mon Sep 2024	1552.75	1565.00	1569.55	1546.15	0.678 times
30 Fri Aug 2024	1561.90	1576.00	1581.65	1558.05	0.681 times
29 Thu Aug 2024	1567.80	1582.70	1597.15	1561.55	0.82 times
28 Wed Aug 2024	1583.95	1583.00	1639.75	1576.65	3.292 times
27 Tue Aug 2024	1567.85	1583.70	1590.00	1558.00	0.933 times
26 Mon Aug 2024	1579.50	1602.00	1602.00	1567.15	0.918 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1554.3, but if it comes above 1554.3, then a intra day buy could be more profitable.
If you take a sell trade below 1554.3, then use 1554.3 as stoploss and 1518.7 as target. However if you take a buy trade in stock , then use 1554.3 as stoploss and 1583.95 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1527.55
Upside Target	1615.90
Upside Target	1639.15
Upside Target	1639.75
Upside Target	1639.95
Upside Target	1742.00
Upside Target	1865.00
Upside Target	1892.00
Upside Target	1960.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1524.63
Downside Intraday Target	1502.87
Upside Intraday Target	1576.08
Upside Intraday Target	1605.77
Upside Intraday Target	1554.32

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	1546.40	1565.00	1584.00	1532.55	0.475 times
30 Fri Aug 2024	1561.90	1602.00	1639.75	1558.00	1.679 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

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
06 Fri Sep 2024	1546.40	1565.00	1584.00	1532.55	0.082 times
30 Fri Aug 2024	1561.90	1716.40	1742.00	1527.55	0.968 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

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 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

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 1571.57 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.