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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 2024-10-08 View latest technical analysis

10 day averaged volume of Olectra Greentech is 798956

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1661.30	1569.70	1673.50	1556.05	1.626 times
07 Mon Oct 2024	1561.30	1651.95	1659.00	1552.70	0.953 times
04 Fri Oct 2024	1643.35	1705.00	1710.60	1631.45	1.305 times
03 Thu Oct 2024	1710.85	1724.85	1770.00	1689.15	1.232 times
01 Tue Oct 2024	1749.65	1652.70	1763.00	1646.05	3.315 times
30 Mon Sep 2024	1655.45	1635.00	1670.00	1615.00	0.589 times
27 Fri Sep 2024	1636.30	1646.00	1673.50	1626.00	0.327 times
26 Thu Sep 2024	1659.65	1673.00	1682.10	1655.95	0.257 times
25 Wed Sep 2024	1670.15	1692.00	1698.70	1662.00	0.33 times
24 Tue Sep 2024	1697.50	1702.35	1733.90	1690.00	0.643 times

My analysis of stock is bullish for shortterm, and stock might move up till 1699 or till 1753.7. Use a stoploss of 1653.39 and if this stock hits its stoploss, then it can fall down till 1607.81

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1584.80
Upside Target	1673.50
Upside Target	1722.00
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	1584.83
Downside Intraday Target	1508.37
Upside Intraday Target	1705.63
Upside Intraday Target	1749.97
Downside Intraday Target	1629.17

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	1661.30	1651.95	1673.50	1552.70	0.4 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 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
08 Tue Oct 2024	1661.30	1652.70	1770.00	1552.70	0.409 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Olectra Greentech in short term but the sell 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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 1684.88 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 positive

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