Is Olectra Greentec technically bullish or bearish?

As of 16 September 2025, the technical trend for Olectra Greentec has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and the On-Balance Volume (OBV) is bullish on both weekly and monthly time frames. The MACD is bullish on the weekly chart, although it is mildly bearish on the monthly. The Bollinger Bands indicate a bullish trend on the monthly and mildly bullish on the weekly. However, the weekly RSI shows bearish momentum, which could indicate some short-term weakness. Overall, the strength of the bullish stance is reinforced by the positive performance against the Sensex over multiple time frames, particularly in the 3-year and 5-year comparisons.