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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)

10 day averaged volume of Olectra Greentech is 823336

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	1745.30	1631.00	1769.00	1591.65	3.308 times
25 Thu Apr 2024	1807.80	1784.50	1815.80	1774.00	0.999 times
24 Wed Apr 2024	1775.25	1780.00	1822.00	1728.05	1.355 times
23 Tue Apr 2024	1768.00	1807.00	1818.00	1750.25	0.966 times
22 Mon Apr 2024	1796.75	1771.40	1810.00	1766.10	0.74 times
19 Fri Apr 2024	1754.25	1751.95	1761.95	1721.45	0.585 times
18 Thu Apr 2024	1772.50	1776.70	1822.95	1761.15	0.76 times
16 Tue Apr 2024	1767.90	1730.00	1790.10	1722.45	1.044 times
15 Mon Apr 2024	1739.80	1755.00	1767.70	1700.10	2.077 times
12 Fri Apr 2024	1826.05	1842.55	1873.90	1815.00	0.679 times

Stock of Olectra Greentech (OLECTRA) has showed a significant fall. This could be a good time to exit from 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 1770, but if it comes above 1770, then a intra day buy could be more profitable.
If you take a sell trade below 1770, then use 1770 as stoploss and 1689.5 as target. However if you take a buy trade in stock , then use 1770 as stoploss and 1837.05 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	1591.65
Downside Target	1700.10
Upside Target	1758.15
Upside Target	1808.00
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	1617.3
Downside Intraday Target	1489.3
Upside Intraday Target	1847.65
Upside Intraday Target	1950
Downside Intraday Target	1719.65

Weekly technical analysis of Olectra Greentech (OLECTRA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	1745.30	1771.40	1822.00	1591.65	1.649 times
19 Fri Apr 2024	1754.25	1755.00	1822.95	1700.10	1.198 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

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
26 Fri Apr 2024	1745.30	1900.95	2011.75	1591.65	0.588 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 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. Bulls 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 SELL signal in short term and selling is picking up 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 1765.75 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.