Is Eco Recyc. technically bullish or bearish?

Jul 03 2025 08:08 AM IST
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As of July 2, 2025, Eco Recyc. has shifted to a bearish trend, driven by negative signals from daily moving averages and Bollinger Bands, despite some mildly bullish indicators, and has underperformed compared to the Sensex year-to-date.
As of 2 July 2025, the technical trend for Eco Recyc. has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this conclusion include the daily moving averages indicating a bearish trend, and both weekly and monthly Bollinger Bands also showing bearish signals. While the weekly MACD and KST are mildly bullish, they are overshadowed by the overall bearish sentiment from the moving averages and Bollinger Bands. The stock has underperformed significantly year-to-date and over the past month compared to the Sensex, further supporting the bearish outlook.
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