Is Eicher Motors technically bullish or bearish?
As of July 4, 2025, Eicher Motors shows a mildly bullish trend supported by positive MACD and moving averages, but caution is advised due to bearish monthly RSI and KST signals.
As of 4 July 2025, the technical trend for Eicher Motors has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly and monthly MACD indicators both showing bullish signals, along with the daily moving averages indicating bullish momentum. The Bollinger Bands also reflect a mildly bullish trend on both weekly and monthly time frames. However, the monthly RSI is bearish, and the KST indicates a mildly bearish stance on both weekly and monthly charts, which suggests some caution. Overall, while the indicators lean towards a mildly bullish outlook, the mixed signals in the RSI and KST highlight a need for careful monitoring.
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