Is Eicher Motors technically bullish or bearish?
As of July 1, 2025, Eicher Motors shows a bullish technical trend supported by strong indicators like MACD and Bollinger Bands, although a mildly bearish KST signal slightly tempers the overall sentiment.
As of 1 July 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Eicher Motors is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and Bollinger Bands also indicate a bullish trend on both time frames. Daily moving averages confirm a bullish stance as well. However, the KST shows a mildly bearish signal on both weekly and monthly charts, which slightly tempers the overall bullish sentiment. The Dow Theory indicates a mildly bullish trend on both weekly and monthly time frames. Overall, the strength of the bullish trend is reinforced by the positive price action, with the current price above the previous close and near the daily high.
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