Overall Technical outlook

Price Summary

On 2025-12-10, OLECTRA's stock opened at 1205.1, reached a peak of 1224.0, dropped to 1181.0, and ended -1.75% down at 1184.0, with a volume of 196821 shares.
Over the course of 52 weeks, the stock peaked at 1671.0 and hit a low of 1016.3.

Technicals

Support and Resistance: At 1184.0, the price is supported at 1152.5 and faces resistance at 1275.3. This range suggests that the price for OLECTRA might stay between these levels, with 1152.5 acting as a floor and 1275.3 as a ceiling.
OLECTRA supportResistance 2724c4
Support/Resistance for OLECTRA


Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
OLECTRA aroon 2724c4
Aroon chart for Olectra Greentech Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
OLECTRA bbands 2724c4
Bolinger Bands chart for Olectra Greentech Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for OLECTRA.
OLECTRA psar 2724c4
Parabolic Stop and Reverse chart for Olectra Greentech Limited


Stochastic: The K-line has crossed above the D-line on the stochastic indicator, while staying below 20, often indicating the start of a bullish move. This setup suggests that the market might be in the early stages of an upward trend, emerging from a period of lower levels. Investors might see this as a positive signal for buying.
OLECTRA stoch 2724c4
Stochastic chart for Olectra Greentech Limited


Tripple Moving Agerage: The moving averages for the 20-50-100 periods are aligned for a bullish trend, but the slopes of the faster averages indicate that this strength may be short-lived. The weakening momentum in the shorter-term averages suggests that a reversal could be approaching, signaling a potential shift in the trend.
OLECTRA trippleSMA 2724c4
Tripple SMA chart for Olectra Greentech Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.