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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 2024-09-10 View latest technical analysis

10 day averaged volume of Olectra Greentech is 463702

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	1562.15	1546.70	1587.40	1544.00	0.824 times
09 Mon Sep 2024	1530.65	1546.70	1547.50	1521.00	0.512 times
06 Fri Sep 2024	1546.40	1567.00	1567.00	1543.00	0.44 times
05 Thu Sep 2024	1562.10	1567.70	1580.95	1558.05	0.554 times
04 Wed Sep 2024	1560.50	1532.55	1584.00	1532.55	0.821 times
03 Tue Sep 2024	1573.75	1554.65	1582.65	1545.30	0.83 times
02 Mon Sep 2024	1552.75	1565.00	1569.55	1546.15	0.725 times
30 Fri Aug 2024	1561.90	1576.00	1581.65	1558.05	0.727 times
29 Thu Aug 2024	1567.80	1582.70	1597.15	1561.55	0.877 times
28 Wed Aug 2024	1583.95	1583.00	1639.75	1576.65	3.518 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 1552.7 as stoploss in an intra day buy trade for a target of 1583.34. However, stock will show a bearish move below 1552.7.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Upside Target	1587.40
Upside Target	1615.90
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	1526.3
Downside Intraday Target	1490.45
Upside Intraday Target	1592.7
Upside Intraday Target	1623.25
Downside Intraday Target	1556.85

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	1562.15	1546.70	1587.40	1521.00	0.396 times
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

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
10 Tue Sep 2024	1562.15	1565.00	1587.40	1521.00	0.115 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 up 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 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 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 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 1568.24 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.