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 2024-10-23 View latest technical analysis

10 day averaged volume of Olectra Greentech is 874257

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	1644.70	1690.00	1716.00	1612.55	3.434 times
22 Tue Oct 2024	1619.55	1729.00	1733.15	1607.60	1.325 times
21 Mon Oct 2024	1726.85	1691.00	1738.80	1690.00	0.905 times
18 Fri Oct 2024	1683.50	1675.00	1704.95	1642.00	0.534 times
17 Thu Oct 2024	1682.80	1709.70	1715.55	1670.45	0.537 times
16 Wed Oct 2024	1709.65	1724.00	1747.30	1700.55	0.465 times
15 Tue Oct 2024	1726.80	1746.20	1787.00	1711.55	0.754 times
14 Mon Oct 2024	1746.40	1752.50	1761.40	1703.05	0.994 times
11 Fri Oct 2024	1752.10	1682.00	1769.55	1663.45	2.052 times
10 Thu Oct 2024	1683.60	1680.00	1746.95	1667.20	1.179 times

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

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1633 as stoploss in an intra day buy trade for a target of 1680.16. However, stock will show a bearish move below 1633.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1607.60
Upside Target	1733.90
Upside Target	1738.80
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	1588.6
Downside Intraday Target	1532.5
Upside Intraday Target	1719.8
Upside Intraday Target	1794.9
Upside Intraday Target	1663.7

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	1644.70	1691.00	1738.80	1607.60	1.725 times
18 Fri Oct 2024	1683.50	1752.50	1787.00	1642.00	0.48 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

Price has moved down 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
23 Wed Oct 2024	1644.70	1652.70	1787.00	1552.70	1.121 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 1689.17 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.