Is Eco Recyc. technically bullish or bearish?
As of August 18, 2025, the technical trend is bearish with moderate strength, supported by mixed MACD signals, bearish Bollinger Bands, and underperformance against the Sensex.
As of 18 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and KST are both mildly bearish, indicating mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages confirm a bearish trend. The Dow Theory shows a mildly bearish stance on the weekly chart, contributing to the overall bearish outlook. The stock has also underperformed significantly compared to the Sensex over various time frames, further supporting the bearish sentiment.
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