Is Ecos (India) technically bullish or bearish?

Nov 18 2025 08:34 AM IST
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As of November 17, 2025, the technical trend is mildly bearish, indicated by bearish MACD and moving averages, despite a mildly bullish outlook from Dow Theory, reflecting cautious sentiment due to a significant decline over the past year.
As of 17 November 2025, the technical trend has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly timeframe, while the daily moving averages also indicate a mildly bearish trend. The Bollinger Bands on a weekly basis are showing a mildly bearish signal. Although the Dow Theory presents a mildly bullish outlook on the weekly timeframe, the overall sentiment remains cautious due to the bearish signals from other indicators. The stock's recent performance shows a significant decline over the past year, further supporting the bearish stance.
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