Is Eicher Motors technically bullish or bearish?

Jul 05 2025 08:05 AM IST
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As of July 4, 2025, Eicher Motors shows a mildly bullish trend, supported by bullish MACD and moving averages, despite some bearish signals from the monthly RSI and KST.
As of 4 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and bullish moving averages on the daily chart. However, the monthly RSI indicates bearish momentum, and the KST shows a mildly bearish signal on both weekly and monthly charts. Bollinger Bands and Dow Theory are both mildly bullish across the weekly and monthly time frames. Overall, while there are some bearish signals, the prevailing indicators suggest a mildly bullish outlook for Eicher Motors.
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