Is Ecos (India) technically bullish or bearish?

Jul 21 2025 08:05 AM IST
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As of July 18, 2025, the trend is bullish with strong indicators like a bullish MACD and moving averages, although the weekly RSI shows some short-term weakness.
As of 18 July 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the Bollinger Bands are also indicating bullish momentum. Daily moving averages confirm a bullish trend as well. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, further reinforcing the positive outlook. However, the weekly RSI is bearish, suggesting some short-term weakness. Overall, the strength of the bullish trend is supported by multiple indicators, despite the mixed signals from the RSI.
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