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(OLAELEC) Ola Electric complete technical analysis [charts+indicators] | Buy/Sell Ola Electric | (OLAELEC) share price targets

Complete technical analysis of Ola Electric (OLAELEC) by charts plus indicators, forecast predictions and share price targets for Ola Electric (OLAELEC)

Showing technical analysis as on 2024-12-09 View latest technical analysis

10 day averaged volume of Ola Electric is 125048372

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	92.25	96.40	97.00	91.50	0.325 times
06 Fri Dec 2024	95.91	96.90	98.30	95.25	0.388 times
05 Thu Dec 2024	98.52	98.73	100.20	95.48	0.615 times
04 Wed Dec 2024	98.36	98.75	102.50	97.61	1.07 times
03 Tue Dec 2024	98.54	94.09	101.78	92.51	1.895 times
02 Mon Dec 2024	93.29	84.11	94.47	81.20	1.344 times
29 Fri Nov 2024	87.41	92.15	92.49	86.70	0.609 times
28 Thu Nov 2024	92.99	90.65	94.50	88.77	1.492 times
27 Wed Nov 2024	88.10	77.70	88.10	75.26	1.957 times
26 Tue Nov 2024	73.42	69.58	74.80	69.58	0.459 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 93.2 as stoploss in an intra day sell trade for a target of 81.27. However, stock will show a bullish move above 93.2.

Share price targets for Ola Electric (OLAELEC)

Target Type	Value
Downside Target	66.66
Downside Target	69.30
Downside Target	71.18
Downside Target	74.84
Downside Target	77.60
Downside Target	81.20
Downside Target	91.50
Upside Target	94.50
Upside Target	97.00
Upside Target	102.50
Upside Target	103.49
Upside Target	123.90
Upside Target	157.40

Intraday share price targets for Ola Electric (OLAELEC)

Target Type	Value
Downside Intraday Target	90.17
Downside Intraday Target	88.08
Upside Intraday Target	95.67
Upside Intraday Target	99.08
Upside Intraday Target	93.58

Weekly technical analysis of Ola Electric (OLAELEC)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	92.25	96.40	97.00	91.50	0.061 times
06 Fri Dec 2024	95.91	84.11	102.50	81.20	1.133 times
29 Fri Nov 2024	87.41	70.55	94.50	69.30	4.933 times
22 Fri Nov 2024	69.14	70.00	71.18	66.66	0.595 times
14 Thu Nov 2024	70.12	72.72	77.60	69.54	0.775 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ola Electric (OLAELEC)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	92.25	84.11	102.50	81.20	0.602 times
29 Fri Nov 2024	87.41	82.39	94.50	66.66	1.266 times
31 Thu Oct 2024	80.88	100.00	103.49	74.84	0.811 times
30 Mon Sep 2024	99.62	118.50	123.90	97.84	0.42 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ola Electric (OLAELEC)

Price action analysis of Ola Electric ( (OLAELEC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ola Electric ( (OLAELEC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ola Electric ( (OLAELEC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ola Electric ( (OLAELEC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ola Electric stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ola Electric in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ola Electric Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ola Electric in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ola Electric is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 92.89 and Ola Electric (OLAELEC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ola Electric (OLAELEC) stock. Volume based technical analysis of Ola Electric (OLAELEC) stock is negative.

Ola Electric Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.