Is Olectra Greentec technically bullish or bearish?

Oct 25 2025 08:18 AM IST
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As of October 24, 2025, Olectra Greentec's technical trend has shifted to bearish, indicated by a mildly bearish MACD, bearish RSI, and negative Bollinger Bands, with the stock down 0.95% weekly and 14.00% monthly.
As of 24 October 2025, the technical trend for Olectra Greentec has changed from mildly bullish to sideways. The current technical stance is bearish, with key indicators driving this conclusion including a mildly bearish MACD on both weekly and monthly time frames, a bearish RSI on the weekly, and a bearish signal from the Bollinger Bands on the monthly. The Dow Theory indicates a mildly bearish stance on the weekly, while the KST shows a bullish signal on the weekly but is mildly bearish on the monthly. Overall, the strength of the bearish sentiment is reinforced by the recent price action, with the stock down 0.95% over the past week and 14.00% over the past month.
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