Ola Electric Mobility Shows Short-Term Recovery Amid Long-Term Bearish Trends

Jan 14 2025 10:20 AM IST
share
Share Via
Ola Electric Mobility experienced a gain on January 14, 2025, recovering from three days of decline. Despite this uptick, the stock remains below key moving averages, indicating a longer-term bearish trend. Over the past month, it has faced significant challenges, underperforming compared to the broader market.
Ola Electric Mobility, a key player in the two and three-wheeler segment, saw a notable gain of 3.1% on January 14, 2025, following a gap up at the start of the trading session. The stock reached an intraday high of Rs 72.4, marking a recovery after three days of decline.

Despite this positive movement, Ola Electric Mobility is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the longer term. On this day, the stock outperformed its sector by 2.4%, with a one-day performance of 2.34% compared to the Sensex's gain of 0.26%. However, the stock has faced challenges over the past month, experiencing a decline of 23.41%, while the Sensex has decreased by 6.83%. The current market conditions indicate ongoing difficulties for Ola Electric Mobility.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News