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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 2024-10-07 View latest technical analysis

10 day averaged volume of Olectra Greentech is 771617

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1561.30	1651.95	1659.00	1552.70	0.987 times
04 Fri Oct 2024	1643.35	1705.00	1710.60	1631.45	1.351 times
03 Thu Oct 2024	1710.85	1724.85	1770.00	1689.15	1.275 times
01 Tue Oct 2024	1749.65	1652.70	1763.00	1646.05	3.433 times
30 Mon Sep 2024	1655.45	1635.00	1670.00	1615.00	0.61 times
27 Fri Sep 2024	1636.30	1646.00	1673.50	1626.00	0.338 times
26 Thu Sep 2024	1659.65	1673.00	1682.10	1655.95	0.266 times
25 Wed Sep 2024	1670.15	1692.00	1698.70	1662.00	0.342 times
24 Tue Sep 2024	1697.50	1702.35	1733.90	1690.00	0.666 times
23 Mon Sep 2024	1702.35	1673.95	1717.15	1663.00	1.086 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1594.1, but if it comes above 1594.1, then a intra day buy could be more profitable.
If you take a sell trade below 1594.1, then use 1594.1 as stoploss and 1530.8 as target. However if you take a buy trade in stock , then use 1594.1 as stoploss and 1646.86 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Upside Target	1584.80
Upside Target	1659.00
Upside Target	1699.00
Upside Target	1733.90
Upside Target	1742.00
Upside Target	1770.00
Upside Target	1892.00
Upside Target	1960.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1523
Downside Intraday Target	1484.7
Upside Intraday Target	1629.3
Upside Intraday Target	1697.3
Upside Intraday Target	1591

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	1561.30	1651.95	1659.00	1552.70	0.148 times
04 Fri Oct 2024	1643.35	1635.00	1770.00	1615.00	2.472 times
27 Fri Sep 2024	1636.30	1673.95	1733.90	1626.00	0.35 times
20 Fri Sep 2024	1672.25	1625.85	1722.00	1584.80	0.929 times
13 Fri Sep 2024	1625.35	1546.70	1699.00	1521.00	4.104 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
07 Mon Oct 2024	1561.30	1652.70	1770.00	1552.70	0.33 times
30 Mon Sep 2024	1655.45	1565.00	1733.90	1521.00	0.868 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

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 to mid 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 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 SELL signal for Olectra Greentech in short term but the sell 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 green color and prices are in or below the green 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 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 1690.54 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.