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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 2024-12-18 View latest technical analysis

10 day averaged volume of Olectra Greentech is 523820

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1537.10	1563.70	1563.70	1506.25	0.876 times
17 Tue Dec 2024	1563.75	1573.90	1585.25	1560.00	0.453 times
16 Mon Dec 2024	1573.80	1587.15	1605.65	1570.00	0.558 times
13 Fri Dec 2024	1587.15	1583.50	1619.95	1571.50	1.481 times
12 Thu Dec 2024	1585.45	1644.00	1645.60	1580.00	0.764 times
11 Wed Dec 2024	1638.95	1659.00	1668.80	1616.00	1.717 times
10 Tue Dec 2024	1651.30	1566.00	1660.00	1558.05	3.003 times
09 Mon Dec 2024	1571.60	1580.00	1594.90	1567.00	0.334 times
06 Fri Dec 2024	1578.80	1571.10	1592.85	1570.00	0.475 times
05 Thu Dec 2024	1569.00	1580.00	1589.35	1562.00	0.519 times

My analysis of stock is bearish for shortterm, and stock might move down till 1495.2 or till 1421.3. Use a stoploss of 1556.78 and if the stock hits stoploss, then it can shoot up till 1618.36

Share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Target	1384.05
Downside Target	1417.35
Downside Target	1463.00
Downside Target	1506.25
Upside Target	1605.65
Upside Target	1625.20
Upside Target	1665.00
Upside Target	1668.80
Upside Target	1733.90
Upside Target	1742.00
Upside Target	1787.00

Intraday share price targets for Olectra Greentech (OLECTRA)

Target Type	Value
Downside Intraday Target	1493.68
Downside Intraday Target	1450.27
Upside Intraday Target	1593.08
Upside Intraday Target	1649.07
Upside Intraday Target	1549.67

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	1537.10	1587.15	1605.65	1506.25	0.259 times
13 Fri Dec 2024	1587.15	1580.00	1668.80	1558.05	2.663 times
06 Fri Dec 2024	1578.80	1592.00	1618.55	1561.10	0.472 times
29 Fri Nov 2024	1596.30	1435.00	1625.20	1417.35	1.948 times
22 Fri Nov 2024	1389.55	1420.90	1463.00	1384.05	0.775 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
18 Wed Dec 2024	1537.10	1592.00	1668.80	1506.25	0.747 times
29 Fri Nov 2024	1596.30	1647.40	1665.00	1384.05	0.374 times
31 Thu Oct 2024	1647.30	1652.70	1787.00	1552.70	1.357 times
30 Mon Sep 2024	1655.45	1565.00	1733.90	1521.00	0.868 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 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

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a short to mid 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

Price action analysis of Olectra Greentech ( (OLECTRA) ) based on a mid to longer 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.

ADX buy sell signal for Olectra Greentech stock for short term is SELL. Signal strength is Weak 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 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 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 1606.78 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.