Long Term Trend: Neutral
AI Indicator Strength: 55.0%
StockOLAELEC
Current Price₹42.25
Short Term Trend
Consolidating Sideways
Trend: Neutral
¼ Long Term Trend Structure
- Price consolidating within ranges
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 53.33
- Mild negative bias
MACD: Weak Bullish
¼ MACD Observation
- Weak positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Neutral
📊 OLAELEC Stock Strength & Risk Analysis
✅ Positive Factors
- Midline RSI (53.33) provides ample room for an upside move.
❌ Risk Factors
- Downward structural bias is currently active.
📌 Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹34.43
₹34.09
₹33.74
🔴 Resistance Zones
₹49.05
₹49.54
₹50.03
OLAELEC Price Action: The nearest structural support is quite distant at ₹34.43 (over 10% away). In the short term, traders should watch the EMA50 at ₹38.96 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹49.05.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 54.15 |
| 38.2% | 73.88 |
| 50.0% | 89.82 |
| 61.8% | 105.77 |
| 78.6% | 128.48 |
Structural Pullbacks: Looking at the Fibonacci retracement map for OLAELEC, the 38.2% level at ₹73.88 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where OLAELEC might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 42.97 | SMA5 | 42.88 |
| EMA9 | 43.31 | SMA9 | 44.48 |
| EMA20 | 42.29 | SMA20 | 42.61 |
| EMA50 | 38.96 | SMA50 | 39.13 |
| EMA100 | 37.25 | SMA100 | 33.29 |
| EMA200 | 40.07 | SMA200 | 39.81 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Weak Bullish: +1 🟢
🟢
• Total Score: 1
🔴
• Confidence Score: 55.00%
🔴
Total Score: 1
Technical Indicator Strength: 55.0%
- Neutral alignment in behavior
- AI Confidence Score: 55.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-05-27 |
Bullish |
39.35 |
39.24 |
39.24 |
39.24 |
0.00% |
0.00 |
43.81 |
38.08% |
11.33 |
3.23 |
9.43 50.77 No Trade |
| 2026-04-27 |
Bearish |
36.93 |
37.00 |
37.08 |
35.70 |
3.51% |
0.22 |
37.81 |
35.57% |
3.68 |
2.38 |
0.02 44.01 Success |
| 2026-03-10 |
Bullish |
24.22 |
24.30 |
25.04 |
23.65 |
3.05% |
2.67 |
25.84 |
22.25% |
6.69 |
8.13 |
1.96 55.02 Success |
| 2026-02-16 |
Bearish |
28.83 |
28.69 |
28.69 |
27.36 |
4.64% |
0.00 |
29.35 |
25.70% |
10.86 |
1.80 |
4.04 67.18 Success |
| 2026-02-11 |
Bullish |
31.42 |
31.51 |
31.54 |
30.77 |
0.10% |
2.35 |
31.54 |
27.36% |
0.38 |
12.92 |
3.05 34.19 Success |
| 2026-01-16 |
Bearish |
37.24 |
36.90 |
37.06 |
35.55 |
3.66% |
0.43 |
37.06 |
31.72% |
14.82 |
-0.48 |
0.00 61.64 Success |
| 2025-12-19 |
Bullish |
34.38 |
33.60 |
35.10 |
33.30 |
4.46% |
0.89 |
37.25 |
33.30% |
8.35 |
3.14 |
2.83 63.50 Success |
| 2025-12-18 |
Bearish |
31.26 |
32.01 |
34.38 |
32.01 |
0.00% |
7.40 |
37.25 |
32.01% |
-2.40 |
19.16 |
10.66 32.66 No Trade |
| 2025-12-12 |
Bullish |
36.69 |
36.46 |
37.90 |
36.10 |
3.95% |
0.99 |
37.90 |
30.76% |
3.30 |
16.16 |
5.37 54.90 Success |
| 2025-12-04 |
Bearish |
36.12 |
36.00 |
36.36 |
34.80 |
3.33% |
1.00 |
37.70 |
33.20% |
8.08 |
4.37 |
12.87 62.59 Success |
| 2025-11-27 |
Bullish |
41.42 |
41.75 |
41.95 |
40.87 |
0.48% |
2.11 |
41.95 |
36.12% |
1.28 |
12.80 |
1.08 36.27 Success |
| 2025-10-27 |
Bearish |
51.68 |
51.20 |
53.00 |
51.20 |
0.00% |
3.52 |
53.00 |
48.65% |
5.86 |
2.55 |
5.78 43.10 No Trade |
| 2025-10-17 |
Bullish |
57.08 |
57.50 |
57.80 |
54.22 |
0.52% |
5.70 |
57.80 |
50.55% |
1.26 |
11.44 |
8.63 39.42 Success |
| 2025-09-12 |
Bearish |
58.90 |
59.00 |
61.02 |
57.50 |
2.54% |
3.42 |
61.02 |
56.50% |
4.07 |
3.60 |
17.51 54.03 Success |
| 2025-08-13 |
Bullish |
40.50 |
40.80 |
43.00 |
40.52 |
5.39% |
0.69 |
54.60 |
40.52% |
34.81 |
-0.05 |
4.15 68.66 Success |
| 2025-08-12 |
Bearish |
39.82 |
40.01 |
42.20 |
39.91 |
0.25% |
5.47 |
53.79 |
39.91% |
-0.23 |
35.08 |
0.60 32.90 Success |
| 2025-07-14 |
Bullish |
47.07 |
48.40 |
48.90 |
43.60 |
1.03% |
9.92 |
48.90 |
40.57% |
3.89 |
13.81 |
41.83 58.69 Success |
| 2025-06-04 |
Bearish |
49.99 |
50.45 |
50.45 |
48.81 |
3.25% |
0.00 |
50.45 |
48.07% |
3.84 |
0.92 |
9.78 41.99 Success |
| 2025-05-12 |
Bullish |
49.65 |
49.65 |
50.70 |
48.98 |
2.11% |
1.35 |
54.10 |
48.98% |
8.96 |
1.35 |
3.04 55.10 Success |
| 2025-05-02 |
Bearish |
48.28 |
48.89 |
49.40 |
48.15 |
1.51% |
1.04 |
49.84 |
45.89% |
4.95 |
3.23 |
3.01 46.67 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for OLAELEC. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.