Is Eicher Motors technically bullish or bearish?
As of July 4, 2025, the technical trend is mildly bullish, supported by weekly MACD and moving averages, despite bearish signals from the monthly RSI and a mildly bearish KST, indicating a generally positive outlook despite recent changes.
As of 4 July 2025, the technical trend has changed from bullish to mildly bullish. The current technical stance is mildly bullish, driven by the weekly MACD and moving averages indicating bullish momentum, while the monthly RSI shows bearish signals. The Bollinger Bands and Dow Theory both reflect a mildly bullish outlook on both weekly and monthly time frames. However, the KST is mildly bearish, which tempers the overall bullish sentiment. The stock has shown strong performance relative to the Sensex over various periods, particularly year-to-date and over three years, reinforcing a generally positive outlook despite recent trend changes.
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