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Technicals for Olectra Greentech Limited
By MusingTheNews
2025-10-17 20:49
Overall Technical outlook
Price Summary
On 2025-10-17, Olectra Greentech Limited's stock opened at 1444.0, reached a high of 1454.8, dropped to a low of 1422.0, and closed lower -1.18% at 1426.9, with a trading volume of 302948 shares. The stock's peak price over the last 52 weeks is 1726.85, with the lowest being 1016.3.
Technicals
Support and Resistance: The price of 1426.9 is supported at 1409.0 and faces resistance at 1477.9. This range suggests key levels for OLECTRA where the price may stabilize, with 1409.0 acting as a support and 1477.9 as a cap on gains. Support/Resistance for OLECTRA
Aroon: The current state of the AROON is neutral for OLECTRA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Aroon chart for Olectra Greentech Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for OLECTRA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Olectra Greentech Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for OLECTRA. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Olectra Greentech Limited
Stochastic: The Stochastic K-line's drop below the D-line and under 20 points to a mildly bearish market condition for OLECTRA. While this indicates some bearish sentiment, it's not a strong signal. Investors should be aware of this potential shift and look for additional confirmation before making decisions. Stochastic chart for Olectra Greentech Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. 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.
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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