Is Ecos (India) technically bullish or bearish?
As of October 6, 2025, the technical trend has shifted to mildly bearish, supported by bearish weekly indicators like MACD and Bollinger Bands, despite daily moving averages showing mild bullishness.
As of 6 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD on a weekly basis is bearish, and Bollinger Bands also reflect a bearish outlook on the weekly timeframe. The KST and Dow Theory are both mildly bearish on the weekly, reinforcing the negative sentiment. Although the daily moving averages are mildly bullish, they are overshadowed by the overall bearish signals from the weekly indicators. The stock has underperformed significantly against the Sensex over various periods, further indicating weakness.
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