Is Eicher Motors technically bullish or bearish?

Nov 10 2025 08:10 AM IST
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As of November 7, 2025, the trend is bullish with moderate strength, supported by bullish MACD and moving averages, despite a bearish monthly RSI and a mildly bearish weekly Dow Theory stance, with the current price at 6897.00 above the previous close of 6803.85.
As of 7 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on both weekly and monthly time frames, bullish daily moving averages, and a bullish KST on both weekly and monthly charts. However, the monthly RSI is bearish, indicating some divergence in momentum. The Dow Theory shows a mildly bearish weekly stance but remains bullish monthly. Overall, the bullish trend is supported by recent price action, with the current price at 6897.00, above the previous close of 6803.85.
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