Is Eimco Elecon(I) technically bullish or bearish?
As of June 25, 2025, the market trend is neutral with mixed signals: weekly indicators show bullish momentum in MACD and KST, while monthly indicators are mildly bearish, resulting in an overall lack of clear direction.
As of 25 June 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish. The weekly RSI indicates bearish momentum, but the monthly RSI shows no signal. Bollinger Bands are bullish on both weekly and monthly time frames. Daily moving averages are mildly bearish, and the weekly KST is bullish, contrasting with the monthly KST being mildly bearish. Dow Theory shows no trend on the weekly chart but is mildly bullish on the monthly. The OBV indicates no trend weekly but is bullish monthly. Overall, the indicators suggest a lack of clear direction, reinforcing the neutral stance.
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