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 2024-10-25 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1070989

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	1596.40	1654.00	1683.95	1585.00	0.963 times
24 Thu Oct 2024	1648.95	1664.95	1716.80	1631.00	1.02 times
23 Wed Oct 2024	1644.70	1690.00	1716.00	1612.55	2.803 times
22 Tue Oct 2024	1619.55	1729.00	1733.15	1607.60	1.082 times
21 Mon Oct 2024	1726.85	1691.00	1738.80	1690.00	0.739 times
18 Fri Oct 2024	1683.50	1675.00	1704.95	1642.00	0.436 times
17 Thu Oct 2024	1682.80	1709.70	1715.55	1670.45	0.439 times
16 Wed Oct 2024	1709.65	1724.00	1747.30	1700.55	0.379 times
15 Tue Oct 2024	1726.80	1746.20	1787.00	1711.55	0.615 times
14 Mon Oct 2024	1746.40	1752.50	1761.40	1703.05	0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1625.2, but if it comes above 1625.2, then a intra day buy could be more profitable.
If you take a sell trade below 1625.2, then use 1625.2 as stoploss and 1564.3 as target. However if you take a buy trade in stock , then use 1625.2 as stoploss and 1675.94 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1585.00
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	1541.33
Downside Intraday Target	1486.27
Upside Intraday Target	1695.13
Upside Intraday Target	1793.87
Upside Intraday Target	1640.07

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	1596.40	1691.00	1738.80	1585.00	2.464 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
25 Fri Oct 2024	1596.40	1652.70	1787.00	1552.70	1.25 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 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 mid to longer 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.

ADX buy sell signal for Olectra Greentech stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Olectra Greentech in short term and the sell signal is strong.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1664.37 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.