Is Eicher Motors technically bullish or bearish?

Jul 20 2025 08:04 AM IST
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As of July 18, 2025, the trend is mildly bullish due to positive weekly indicators, but caution is advised due to mixed signals from the monthly RSI and KST.
As of 18 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages also support this outlook. However, the monthly RSI is bearish and the KST shows mild bearishness, which tempers the overall strength of the bullish signal. The Dow Theory reflects a mixed view with weekly mildly bearish and monthly mildly bullish signals. Overall, while there are positive indicators, the presence of bearish signals suggests caution.
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