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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 2024-03-19 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1706542

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1709.65	1719.00	1749.00	1685.00	0.856 times
18 Mon Mar 2024	1714.40	1730.00	1784.65	1705.00	0.682 times
15 Fri Mar 2024	1748.75	1725.00	1790.65	1687.00	1.868 times
14 Thu Mar 2024	1790.80	1582.95	1828.50	1560.10	3.068 times
13 Wed Mar 2024	1590.05	1745.40	1800.00	1561.00	1.402 times
12 Tue Mar 2024	1744.70	1837.10	1842.20	1730.15	0.829 times
11 Mon Mar 2024	1837.25	1903.50	1903.50	1826.00	0.317 times
07 Thu Mar 2024	1897.40	1873.95	1929.00	1868.30	0.417 times
06 Wed Mar 2024	1863.45	1939.00	1941.50	1852.00	0.62 times
05 Tue Mar 2024	1937.50	1951.00	1969.55	1931.00	0.342 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1759, but if it comes above 1759, then a intra day buy could be more profitable.
If you take a sell trade below 1759, then use 1759 as stoploss and 1596.8 as target. However if you take a buy trade in stock , then use 1759 as stoploss and 1894.22 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	1685.00
Upside Target	1784.65
Upside Target	1852.00
Upside Target	1903.50
Upside Target	1983.70
Upside Target	1994.70
Upside Target	2011.50
Upside Target	2065.50
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1668.22
Downside Intraday Target	1626.78
Upside Intraday Target	1767.87
Upside Intraday Target	1826.08
Upside Intraday Target	1726.43

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1709.65	1730.00	1784.65	1685.00	0.206 times
15 Fri Mar 2024	1748.75	1903.50	1903.50	1560.10	4.079 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

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
19 Tue Mar 2024	1709.65	1978.00	2011.50	1560.10	0.359 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 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 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 gaining momentum.

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

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 red color and prices are below the red 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 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 1755.67 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.