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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 2024-03-14 View latest technical analysis

10 day averaged volume of Olectra Greentech is 956448

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	1790.80	1582.95	1828.50	1560.10	5.474 times
13 Wed Mar 2024	1590.05	1745.40	1800.00	1561.00	2.501 times
12 Tue Mar 2024	1744.70	1837.10	1842.20	1730.15	1.479 times
11 Mon Mar 2024	1837.25	1903.50	1903.50	1826.00	0.566 times
07 Thu Mar 2024	1897.40	1873.95	1929.00	1868.30	0.744 times
06 Wed Mar 2024	1863.45	1939.00	1941.50	1852.00	1.107 times
05 Tue Mar 2024	1937.50	1951.00	1969.55	1931.00	0.609 times
04 Mon Mar 2024	1948.90	1976.75	1994.70	1932.60	0.813 times
02 Sat Mar 2024	1976.75	1965.10	1980.00	1950.00	0.143 times
01 Fri Mar 2024	1962.40	1978.00	2011.50	1954.00	0.776 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 1818.6, but if it comes above 1818.6, then a intra day buy could be more profitable.
If you take a sell trade below 1818.6, then use 1818.6 as stoploss and 1664.2 as target. However if you take a buy trade in stock , then use 1818.6 as stoploss and 1947.14 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1137.05
Downside Target	1177.45
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1560.10
Downside Target	1713.05
Upside Target	1808.00
Upside Target	1847.05
Upside Target	1903.50
Upside Target	1983.70
Upside Target	2011.50
Upside Target	2065.50
Upside Target	2134.00
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1599.43
Downside Intraday Target	1408.07
Upside Intraday Target	1942.83
Upside Intraday Target	2094.87
Downside Intraday Target	1751.47

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	1790.80	1903.50	1903.50	1560.10	3.061 times
07 Thu Mar 2024	1897.40	1976.75	1994.70	1852.00	0.494 times
02 Sat Mar 2024	1976.75	2046.00	2065.50	1908.25	0.378 times
23 Fri Feb 2024	2034.20	2014.80	2221.95	1983.70	1.425 times
16 Fri Feb 2024	2006.40	2018.00	2134.00	1847.05	0.867 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
14 Thu Mar 2024	1790.80	1978.00	2011.50	1560.10	0.252 times
29 Thu Feb 2024	1966.75	1751.20	2221.95	1713.05	0.828 times
31 Wed Jan 2024	1742.05	1349.00	1808.00	1327.40	2.466 times
29 Fri Dec 2023	1346.80	1201.60	1378.80	1177.45	1.698 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 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 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 Strong and stock is losing momentum.

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

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 red color and prices are below the red 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

Stock of Olectra Greentech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1790.35 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 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.