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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 2024-10-15 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1199732

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	1726.80	1746.20	1787.00	1711.55	0.549 times
14 Mon Oct 2024	1746.40	1752.50	1761.40	1703.05	0.724 times
11 Fri Oct 2024	1752.10	1682.00	1769.55	1663.45	1.495 times
10 Thu Oct 2024	1683.60	1680.00	1746.95	1667.20	0.859 times
09 Wed Oct 2024	1679.20	1667.00	1730.00	1661.40	0.914 times
08 Tue Oct 2024	1661.30	1569.70	1673.50	1556.05	1.083 times
07 Mon Oct 2024	1561.30	1651.95	1659.00	1552.70	0.635 times
04 Fri Oct 2024	1643.35	1705.00	1710.60	1631.45	0.869 times
03 Thu Oct 2024	1710.85	1724.85	1770.00	1689.15	0.82 times
01 Tue Oct 2024	1749.65	1652.70	1763.00	1646.05	2.208 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1724.6, but if it comes below 1724.6, then a intra day sell could be more profitable.
If you take a sell trade below 1724.6, then use 1724.6 as stoploss and 1680.99 as target. However if you take a buy trade in stock , then use 1724.6 as stoploss and 1777 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1584.80
Downside Target	1703.05
Upside Target	1733.90
Upside Target	1742.00
Upside Target	1769.55
Upside Target	1770.00
Upside Target	1787.00
Upside Target	1892.00
Upside Target	1960.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1690.9
Downside Intraday Target	1655
Upside Intraday Target	1774.85
Upside Intraday Target	1822.9
Upside Intraday Target	1738.95

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	1726.80	1752.50	1787.00	1703.05	0.255 times
11 Fri Oct 2024	1752.10	1651.95	1769.55	1552.70	1.162 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

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
15 Tue Oct 2024	1726.80	1652.70	1787.00	1552.70	0.739 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

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 1703.2 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.