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Technicals for Olectra Greentech Limited
By MusingTheNews
2025-09-05 20:38
Overall Technical outlook
Price Summary
On 2025-09-05, Olectra Greentech Limited's stock opened at 1537.9, reached a high of 1567.4, dropped to a low of 1520.0, and closed lower -0.85% at 1524.8, with a trading volume of 501032 shares. The highest price the stock achieved in the past 52 weeks is 1752.1, while the lowest price it saw is 1016.3.
Technicals
Support and Resistance: The current price of 1524.8 for OLECTRA is supported at 1477.9 and faces resistance at 1532.4. These levels indicate that 1477.9 could act as a floor, while 1532.4 might limit any further price increases. Support/Resistance for OLECTRA
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Olectra Greentech Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Olectra Greentech Limited
Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for OLECTRA. Parabolic Stop and Reverse chart for Olectra Greentech Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Olectra Greentech Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Olectra Greentech Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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