Long Term Trend: Strong
AI Indicator Strength: 45.0%
StockOLECTRA
Current Price₹1520.30
Short Term Trend
Strong Upward
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Overbought
📊 Momentum (RSI)
- RSI: 72.56
- Extreme momentum (Bearish bias)
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Overbought
- Trend → Strong
📊 OLECTRA Stock Strength & Risk Analysis
✅ Positive Factors
- Trading well above 200-day moving averages reinforces core stability.
❌ Risk Factors
- Elevated RSI suggests potential buying exhaustion.
- Minor technical overextension suggests potential for a brief consolidation phase.
📌 Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1166.40
₹1154.74
₹1143.07
🔴 Resistance Zones
₹1534.70
₹1550.05
₹1565.39
OLECTRA Price Action: The nearest structural support is quite distant at ₹1166.4 (over 10% away). In the short term, traders should watch the EMA20 at ₹1310.85 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹1534.70.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 651.28 |
| 38.2% | 951.43 |
| 50.0% | 1194.02 |
| 61.8% | 1436.62 |
| 78.6% | 1782.00 |
Structural Pullbacks: With OLECTRA trading in the upper half of its 52-week range, upper support floors like the 23.6% level at ₹651.28 act as immediate breakout retest zones. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where OLECTRA might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 1406.83 | SMA5 | 1373.44 |
| EMA9 | 1361.12 | SMA9 | 1332.44 |
| EMA20 | 1310.85 | SMA20 | 1288.99 |
| EMA50 | 1248.46 | SMA50 | 1261.01 |
| EMA100 | 1212.32 | SMA100 | 1135.58 |
| EMA200 | 1230.04 | SMA200 | 1256.16 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Overbought: -2 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -1
🔴
• Confidence Score: 45.00%
🔴
Total Score: -1
Technical Indicator Strength: 45.0%
- Strong alignment in behavior
- AI Confidence Score: 45.0%
👉 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 |
| 2026-06-11 |
Bearish |
1252.40 |
1270.1 |
1300.00 |
1269.0 |
0.09% |
2.35 |
1454.00 |
1257.2% |
-0.38 |
16.10 |
86.16 66.25 Success |
| 2026-06-03 |
Bullish |
1321.20 |
1331.0 |
1393.00 |
1325.1 |
4.66% |
0.44 |
1393.00 |
1235.0% |
5.43 |
6.52 |
100.00 95.00 Success |
| 2026-05-12 |
Bearish |
1270.00 |
1266.0 |
1306.90 |
1263.0 |
0.24% |
3.23 |
1306.90 |
1175.0% |
7.48 |
2.91 |
9.51 47.98 Success |
| 2026-05-08 |
Bullish |
1340.70 |
1355.0 |
1395.00 |
1351.4 |
2.95% |
0.27 |
1395.00 |
1231.5% |
4.05 |
8.14 |
83.27 83.18 Success |
| 2026-05-04 |
Bearish |
1249.80 |
1248.4 |
1261.00 |
1232.0 |
1.31% |
1.01 |
1397.90 |
1232.0% |
1.42 |
11.85 |
100.00 79.37 Success |
| 2026-03-18 |
Bullish |
1055.95 |
1015.0 |
1035.95 |
995.9 |
2.06% |
1.88 |
1129.90 |
995.9% |
7.00 |
5.69 |
100.00 90.74 Success |
| 2026-03-02 |
Bearish |
941.30 |
930.0 |
930.00 |
901.3 |
3.09% |
0.00 |
952.95 |
874.1% |
7.14 |
1.24 |
100.00 95.00 Success |
| 2026-01-30 |
Bullish |
1084.60 |
1069.7 |
1087.00 |
1052.3 |
1.62% |
1.63 |
1133.00 |
1015.0% |
4.46 |
6.42 |
100.00 85.17 Success |
| 2026-01-12 |
Bearish |
1136.40 |
1144.5 |
1158.10 |
1121.2 |
2.04% |
1.19 |
1158.10 |
1077.0% |
5.23 |
1.91 |
9.92 49.01 Success |
| 2025-12-12 |
Bullish |
1213.50 |
1208.5 |
1230.50 |
1198.0 |
1.82% |
0.87 |
1230.50 |
1131.5% |
1.40 |
6.76 |
85.77 75.69 Success |
| 2025-11-11 |
Bearish |
1407.70 |
1420.0 |
1445.00 |
1409.6 |
0.73% |
1.76 |
1468.80 |
1369.8% |
2.69 |
4.34 |
47.30 53.80 Success |
| 2025-10-29 |
Bullish |
1526.00 |
1524.7 |
1538.80 |
1506.4 |
0.92% |
1.20 |
1573.80 |
1494.0% |
3.13 |
2.10 |
100.00 69.18 Success |
| 2025-09-24 |
Bearish |
1644.90 |
1645.0 |
1648.00 |
1605.2 |
2.42% |
0.18 |
1648.00 |
1530.0% |
6.99 |
0.19 |
100.00 89.88 Success |
| 2025-09-12 |
Bullish |
1646.60 |
1654.0 |
1669.90 |
1641.0 |
0.96% |
0.79 |
1688.40 |
1622.1% |
2.54 |
1.49 |
61.85 48.43 Success |
| 2025-09-02 |
Bearish |
1572.30 |
1567.0 |
1615.00 |
1562.0 |
0.32% |
3.06 |
1615.00 |
1492.7% |
5.06 |
2.72 |
1.85 41.09 Success |
| 2025-09-01 |
Bullish |
1583.10 |
1585.0 |
1608.90 |
1565.5 |
1.51% |
1.23 |
1615.00 |
1501.1% |
2.02 |
5.18 |
70.80 66.63 Success |
| 2025-08-29 |
Bearish |
1542.20 |
1545.0 |
1590.90 |
1534.4 |
0.69% |
2.97 |
1615.00 |
1520.0% |
1.44 |
4.72 |
12.64 34.22 Success |
| 2025-08-20 |
Bullish |
1528.80 |
1532.2 |
1550.80 |
1521.0 |
1.21% |
0.73 |
1690.00 |
1491.2% |
10.54 |
2.46 |
100.00 91.84 Success |
| 2025-08-08 |
Bearish |
1405.50 |
1391.0 |
1458.00 |
1358.0 |
2.37% |
4.82 |
1515.50 |
1358.0% |
3.38 |
7.83 |
100.00 86.55 Success |
| 2025-07-01 |
Bullish |
1214.50 |
1221.0 |
1230.30 |
1202.8 |
0.76% |
1.49 |
1230.30 |
1182.7% |
1.30 |
2.62 |
100.00 60.79 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for OLECTRA. 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.