Is Ola Electric technically bullish or bearish?

Nov 19 2025 08:17 AM IST
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As of November 18, 2025, the technical trend has shifted to a bearish stance with weak strength, driven by bearish signals from the weekly MACD, RSI, and Bollinger Bands, despite mildly bullish daily moving averages.
As of 18 November 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is bearish with weak strength. Key indicators driving this stance include the weekly MACD and RSI both showing bearish signals, along with the Bollinger Bands indicating bearish conditions. The KST and Dow Theory also reflect a mildly bearish outlook on the weekly timeframe. Although daily moving averages are mildly bullish, they are overshadowed by the overall bearish sentiment in the weekly indicators. The stock has significantly underperformed against the Sensex over multiple time frames, further supporting the bearish view.
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