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Stock analysis Ola Electric Mobility Ltd OLAELEC

More indepth analysis on MunafaSutra.com

Moving Averages for Ola Electric Mobility Ltd

  • 5Day Average: 75.01
  • 12Day Average: 74.67
  • 20Day Average: 79.09
  • 50Day Average: 84.02
  • 100Day Average: 89.73

OLAELEC Indicators & signals

Indicator MACD (12,26,9)

76.29, 80.07, -3.81
Indicator MACD is in negative zone

Indicator ADX (14)

5.52, 21.33, 23.82
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OLAELEC Ola Electric Mobility Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 76.24 76.01 to 78.78 -0.12% 0.92 times
20 Mon Jan 2025 76.33 74.33 to 77.00 2.58% 0.51 times
17 Fri Jan 2025 74.41 73.91 to 75.18 -0.53% 0.45 times
16 Thu Jan 2025 74.81 74.01 to 75.48 2.13% 0.55 times
15 Wed Jan 2025 73.25 72.10 to 75.60 0.51% 0.97 times
14 Tue Jan 2025 72.88 70.39 to 73.47 3.85% 1.14 times
13 Mon Jan 2025 70.18 70.00 to 72.83 0% 1.09 times
13 Mon Jan 2025 70.18 70.00 to 72.83 -4.37% 1.09 times
10 Fri Jan 2025 73.39 72.70 to 76.50 -3% 1.29 times
09 Thu Jan 2025 75.66 75.27 to 79.60 -4.84% 0.84 times
08 Wed Jan 2025 79.51 75.16 to 80.15 0.44% 2.06 times
07 Tue Jan 2025 79.16 78.55 to 81.18 1.55% 1.03 times

Technical analysis forecast for Ola Electric Mobility Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ola Electric Mobility Ltd OLAELEC at this time. Stock is falling and might fall more.

It appears as if Ola Electric Mobility Ltd OLAELEC gave a large move recently.

Stock of Ola Electric Mobility Ltd (OLAELEC) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Ola Electric Mobility Ltd is bearish for shortterm, and stock might move down till 72.2 or till 64.5. Use a stoploss of 78.68 and if the stock hits stoploss, then it can shoot up till 85.14

More indepth analysis on MunafaSutra.com