Is Olectra Greentec technically bullish or bearish?

Jul 25 2025 08:07 AM IST
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As of July 24, 2025, the trend has shifted to mildly bullish, supported by weekly indicators like MACD and Dow Theory, although caution is advised due to mildly bearish monthly indicators and daily moving averages.
As of 24 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and Dow Theory indicators both indicating bullish momentum. The Bollinger Bands also suggest a bullish outlook on the weekly timeframe. However, the monthly MACD and KST remain mildly bearish, indicating some caution. Daily moving averages are mildly bearish, which could temper the overall bullish sentiment. The stock has shown strong performance relative to the Sensex over the past week and month, further reinforcing the bullish stance.
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