Is Eicher Motors technically bullish or bearish?

Aug 16 2025 08:06 AM IST
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As of 14 August 2025, Eicher Motors exhibits a bullish trend supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a mildly bearish KST signal.
As of 14 August 2025, the technical trend for Eicher Motors has changed from mildly bullish to bullish. The current stance 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 in both time frames. Daily moving averages confirm a bullish outlook as well. However, the KST shows a mildly bearish signal on both weekly and monthly charts, which suggests some caution. Dow Theory and OBV are both mildly bullish, reinforcing the overall positive sentiment. The stock has outperformed the Sensex across multiple time frames, further indicating strength in its current bullish trend.
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