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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 2024-09-19 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1157270

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	1661.30	1700.00	1706.90	1631.45	0.663 times
18 Wed Sep 2024	1689.75	1669.40	1722.00	1656.25	1.51 times
17 Tue Sep 2024	1660.55	1603.40	1689.70	1584.80	2.288 times
16 Mon Sep 2024	1602.60	1625.85	1632.70	1600.05	0.264 times
13 Fri Sep 2024	1625.35	1639.90	1663.15	1615.15	0.622 times
12 Thu Sep 2024	1628.45	1650.00	1699.00	1619.40	2.034 times
11 Wed Sep 2024	1617.55	1563.00	1672.95	1550.00	2.35 times
10 Tue Sep 2024	1562.15	1546.70	1587.40	1544.00	0.33 times
09 Mon Sep 2024	1530.65	1546.70	1547.50	1521.00	0.205 times
06 Fri Sep 2024	1546.40	1567.00	1567.00	1543.00	0.176 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1633.4, but if it comes below 1633.4, then a intra day sell could be more profitable.
If you take a sell trade below 1633.4, then use 1633.4 as stoploss and 1591.57 as target. However if you take a buy trade in stock , then use 1633.4 as stoploss and 1683.7 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1639.75
Downside Target	1639.95
Upside Target	1699.00
Upside Target	1722.00
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	1590.07
Downside Intraday Target	1518.83
Upside Intraday Target	1727.27
Upside Intraday Target	1793.23
Downside Intraday Target	1656.03

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	1661.30	1625.85	1722.00	1584.80	0.853 times
13 Fri Sep 2024	1625.35	1546.70	1699.00	1521.00	4.104 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

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
19 Thu Sep 2024	1661.30	1565.00	1722.00	1521.00	0.708 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 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 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 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 HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Olectra Greentech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1637.74 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.