Is Ecos (India) technically bullish or bearish?

Nov 09 2025 08:12 AM IST
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As of November 7, 2025, the technical trend has shifted to a bearish stance, supported by bearish MACD, Bollinger Bands, moving averages, and underperformance against the Sensex.
As of 7 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly time frame, bearish signals from Bollinger Bands, and daily moving averages also indicating a bearish trend. Additionally, the Dow Theory and OBV both reflect a mildly bearish sentiment on the weekly and monthly time frames. The stock has underperformed significantly compared to the Sensex over various periods, further supporting the bearish outlook.
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