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 2024-04-15 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1004884

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1739.80	1755.00	1767.70	1700.10	1.702 times
12 Fri Apr 2024	1826.05	1842.55	1873.90	1815.00	0.556 times
10 Wed Apr 2024	1850.50	1878.00	1878.20	1830.00	0.651 times
09 Tue Apr 2024	1868.90	1880.00	1907.80	1850.00	0.672 times
08 Mon Apr 2024	1865.70	1925.00	1934.70	1849.10	1.176 times
05 Fri Apr 2024	1920.80	1925.85	1944.85	1897.05	0.778 times
04 Thu Apr 2024	1920.35	1930.75	2011.75	1907.20	1.969 times
03 Wed Apr 2024	1920.65	1912.00	1958.70	1906.25	0.714 times
02 Tue Apr 2024	1911.80	1924.00	1937.60	1896.70	0.651 times
01 Mon Apr 2024	1914.95	1900.95	1949.00	1900.95	0.892 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1746.5, but if it comes above 1746.5, then a intra day buy could be more profitable.
If you take a sell trade below 1746.5, then use 1746.5 as stoploss and 1650.6 as target. However if you take a buy trade in stock , then use 1746.5 as stoploss and 1826.39 as target.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1177.45
Downside Target	1327.40
Downside Target	1378.80
Downside Target	1560.10
Downside Target	1680.00
Upside Target	1758.15
Upside Target	1803.75
Upside Target	1896.70
Upside Target	1934.70
Upside Target	1964.65
Upside Target	2011.50
Upside Target	2011.75
Upside Target	2221.95

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1704.03
Downside Intraday Target	1668.27
Upside Intraday Target	1771.63
Upside Intraday Target	1803.47
Downside Intraday Target	1735.87

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	1739.80	1755.00	1767.70	1700.10	0.557 times
12 Fri Apr 2024	1826.05	1925.00	1934.70	1815.00	0.611 times
05 Fri Apr 2024	1920.80	1900.95	2011.75	1896.70	0.739 times
28 Thu Mar 2024	1888.55	1784.05	1964.65	1758.15	1.005 times
22 Fri Mar 2024	1785.65	1730.00	1803.75	1680.00	0.53 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
15 Mon Apr 2024	1739.80	1900.95	2011.75	1700.10	0.323 times
28 Thu Mar 2024	1888.55	1978.00	2011.50	1560.10	0.562 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 but buying is losing 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 1867.71 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.