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 2024-09-12 View latest technical analysis

10 day averaged volume of Olectra Greentech is 564467

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	1628.45	1650.00	1699.00	1619.40	4.169 times
11 Wed Sep 2024	1617.55	1563.00	1672.95	1550.00	4.818 times
10 Tue Sep 2024	1562.15	1546.70	1587.40	1544.00	0.677 times
09 Mon Sep 2024	1530.65	1546.70	1547.50	1521.00	0.42 times
06 Fri Sep 2024	1546.40	1567.00	1567.00	1543.00	0.361 times
05 Thu Sep 2024	1562.10	1567.70	1580.95	1558.05	0.455 times
04 Wed Sep 2024	1560.50	1532.55	1584.00	1532.55	0.674 times
03 Tue Sep 2024	1573.75	1554.65	1582.65	1545.30	0.682 times
02 Mon Sep 2024	1552.75	1565.00	1569.55	1546.15	0.595 times
30 Fri Aug 2024	1561.90	1576.00	1581.65	1558.05	0.597 times

Stock of Olectra Greentech (OLECTRA) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1637.8, for a target of 1606.7 or 1580.84

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1615.90
Upside Target	1639.95
Upside Target	1699.00
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	1533.3
Downside Intraday Target	1438.15
Upside Intraday Target	1711.3
Upside Intraday Target	1794.15
Downside Intraday Target	1616.15

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	1628.45	1546.70	1699.00	1521.00	3.643 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Olectra Greentech (OLECTRA)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	1628.45	1565.00	1699.00	1521.00	0.382 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 1601.22 and Olectra Greentech (OLECTRA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.