Is EIH Assoc.Hotels technically bullish or bearish?

Jul 02 2025 08:15 AM IST
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As of July 1, 2025, EIH Assoc. Hotels shows a mildly bearish trend, with daily moving averages indicating bearishness, mixed MACD signals, and underperformance against the Sensex, despite some support from Bollinger Bands.
As of 1 July 2025, the technical trend for EIH Assoc. Hotels has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD is mildly bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands are mildly bullish on both weekly and monthly charts, which adds some support to the price action. However, the KST and OBV indicators on the weekly are both mildly bearish, reinforcing the overall bearish sentiment. The stock has underperformed against the Sensex over the past month and year, further indicating weakness in the current trend.
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