Is Olectra Greentec technically bullish or bearish?
As of October 24, 2025, the market trend is neutral with mixed signals, as weekly indicators show bearish momentum while daily moving averages provide mild support, resulting in a moderate strength of the current sideways position.
As of 24 October 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD and RSI are both bearish, suggesting downward pressure. The Bollinger Bands indicate a sideways movement on the weekly timeframe, while the daily moving averages are mildly bullish, providing some support. The KST shows a bullish signal on the weekly but is mildly bearish on the monthly. Dow Theory reflects a mildly bearish stance on the weekly and mildly bullish on the monthly. Overall, the strength of the current neutral position is moderate, influenced by the conflicting signals from different timeframes.
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