Is Eimco Elecon(I) technically bullish or bearish?
As of October 8, 2025, the trend has shifted to mildly bullish, supported by daily moving averages, but caution is advised due to mixed signals from the weekly MACD, KST, and OBV.
As of 8 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current stance is mildly bullish, supported by daily moving averages indicating bullish momentum. However, the weekly MACD remains bearish, and the KST and OBV are both mildly bearish on the weekly timeframe, suggesting some caution. The Bollinger Bands show a bullish signal on the monthly timeframe, which adds to the positive outlook. Overall, while there are bullish indicators, the mixed signals from other metrics indicate a cautious approach.
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