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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 2024-10-24 View latest technical analysis

10 day averaged volume of Olectra Greentech is 1064798

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1648.95	1664.95	1716.80	1631.00	1.026 times
23 Wed Oct 2024	1644.70	1690.00	1716.00	1612.55	2.819 times
22 Tue Oct 2024	1619.55	1729.00	1733.15	1607.60	1.088 times
21 Mon Oct 2024	1726.85	1691.00	1738.80	1690.00	0.743 times
18 Fri Oct 2024	1683.50	1675.00	1704.95	1642.00	0.439 times
17 Thu Oct 2024	1682.80	1709.70	1715.55	1670.45	0.441 times
16 Wed Oct 2024	1709.65	1724.00	1747.30	1700.55	0.382 times
15 Tue Oct 2024	1726.80	1746.20	1787.00	1711.55	0.619 times
14 Mon Oct 2024	1746.40	1752.50	1761.40	1703.05	0.816 times
11 Fri Oct 2024	1752.10	1682.00	1769.55	1663.45	1.685 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1631.5 as stoploss in an intra day buy trade for a target of 1679.1. However, stock will show a bearish move below 1631.5.

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1458.50
Downside Target	1521.00
Downside Target	1607.60
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	1591.43
Downside Intraday Target	1533.92
Upside Intraday Target	1722.63
Upside Intraday Target	1796.32
Upside Intraday Target	1665.12

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1648.95	1691.00	1738.80	1607.60	2.105 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
24 Thu Oct 2024	1648.95	1652.70	1787.00	1552.70	1.188 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 getting stronger in this stock.

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 buy signal for Olectra Greentech in short term but BUY signal is weak.

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

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 1685.61 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.