Is Ecos (India) technically bullish or bearish?

Jul 04 2025 08:07 AM IST
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As of July 3, 2025, the trend has shifted to mildly bullish, supported by positive weekly indicators like the MACD and Bollinger Bands, although daily moving averages show some short-term weakness.
As of 3 July 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The MACD on a weekly basis is mildly bullish, and the Bollinger Bands also indicate a mildly bullish trend on the weekly chart. The KST is bullish on the weekly timeframe, supporting the positive outlook. However, the daily moving averages are mildly bearish, which suggests some short-term weakness. The On-Balance Volume (OBV) is mildly bullish on both weekly and monthly timeframes, reinforcing the overall bullish sentiment. Despite a recent decline in price, the longer-term indicators suggest a positive trend.
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