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 2024-10-28 View latest technical analysis

10 day averaged volume of Olectra Greentech is 994725

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	1618.60	1606.00	1647.00	1570.30	0.78 times
25 Fri Oct 2024	1596.40	1654.00	1683.95	1585.00	1.037 times
24 Thu Oct 2024	1648.95	1664.95	1716.80	1631.00	1.098 times
23 Wed Oct 2024	1644.70	1690.00	1716.00	1612.55	3.018 times
22 Tue Oct 2024	1619.55	1729.00	1733.15	1607.60	1.165 times
21 Mon Oct 2024	1726.85	1691.00	1738.80	1690.00	0.796 times
18 Fri Oct 2024	1683.50	1675.00	1704.95	1642.00	0.47 times
17 Thu Oct 2024	1682.80	1709.70	1715.55	1670.45	0.472 times
16 Wed Oct 2024	1709.65	1724.00	1747.30	1700.55	0.408 times
15 Tue Oct 2024	1726.80	1746.20	1787.00	1711.55	0.662 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1623.5, but if it comes above 1623.5, then a intra day buy could be more profitable.
If you take a sell trade below 1623.5, then use 1623.5 as stoploss and 1561.6 as target. However if you take a buy trade in stock , then use 1623.5 as stoploss and 1675.05 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
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	1576.93
Downside Intraday Target	1535.27
Upside Intraday Target	1653.63
Upside Intraday Target	1688.67
Downside Intraday Target	1611.97

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	1618.60	1606.00	1647.00	1570.30	0.11 times
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

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
28 Mon Oct 2024	1618.60	1652.70	1787.00	1552.70	1.297 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 weakening, and bulls are picking up momentum!

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 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 1653.53 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.