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Stock analysis Ola Electric Mobility Ltd OLAELEC

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Moving Averages for Ola Electric Mobility Ltd

  • 5Day Average: 113.35
  • 12Day Average: 113.24
  • 20Day Average: 116.55

OLAELEC Indicators & signals

Indicator MACD (12,26,9)

114.71, 118.35, 0
Indicator MACD is in negative zone

Indicator ADX (14)

27.43, 32.76, 18.66
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 66
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
18 Wed Sep 2024 116.95 116.10 to 123.90 -0.86% 1.95 times
17 Tue Sep 2024 117.96 110.26 to 118.36 9.63% 2.68 times
16 Mon Sep 2024 107.60 106.90 to 112.18 -3.57% 0.45 times
13 Fri Sep 2024 111.58 111.00 to 114.25 -0.94% 0.3 times
12 Thu Sep 2024 112.64 111.44 to 115.49 -0.34% 0.55 times
11 Wed Sep 2024 113.02 109.86 to 116.50 -2.15% 0.74 times
10 Tue Sep 2024 115.50 113.39 to 119.00 0.8% 0.84 times
09 Mon Sep 2024 114.58 103.50 to 116.20 4.57% 1.54 times
06 Fri Sep 2024 109.57 109.00 to 115.05 -4.85% 0.96 times
05 Thu Sep 2024 115.16 110.33 to 119.17 3.94% 1.45 times
04 Wed Sep 2024 110.80 109.80 to 115.00 -2.37% 0.5 times
03 Tue Sep 2024 113.49 112.66 to 119.30 -1.25% 0.56 times

Technical analysis forecast of Ola Electric Mobility Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ola Electric Mobility Ltd OLAELEC at this time. Stock is rising and might rise more.

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

Stock of Ola Electric Mobility Ltd (OLAELEC) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Ola Electric Mobility Ltd is bullish for shortterm, and stock might move up till 121.9 or till 128.2. Use a stoploss of 116.59 and if this stock hits its stoploss, then it can fall down till 111.3

More indepth analysis on MunafaSutra.com