Is Eicher Motors technically bullish or bearish?

Jul 18 2025 08:06 AM IST
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As of July 17, 2025, Eicher Motors shows a bullish technical stance with strong indicators like MACD and Bollinger Bands supporting this view, despite some mixed signals from KST and Dow Theory.
As of 17 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 are bullish, reinforcing the positive momentum. However, the KST and Dow Theory present a mixed picture, with the KST showing mildly bearish signals on both weekly and monthly charts, and Dow Theory indicating mildly bearish on the weekly but mildly bullish on the monthly. Overall, the bullish indicators outweigh the bearish signals, suggesting a strong bullish stance.
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