Is Eimco Elecon(I) technically bullish or bearish?

Oct 14 2025 08:17 AM IST
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As of October 13, 2025, the technical trend is mildly bearish due to bearish signals in the weekly MACD, Bollinger Bands, and KST, despite a mildly bullish daily moving average and a bullish OBV on the monthly.
As of 13 October 2025, the technical trend has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by bearish signals in the weekly MACD and Bollinger Bands, along with a bearish KST. The monthly indicators also reflect a mildly bearish sentiment. The daily moving averages show a mildly bullish trend, but this is overshadowed by the overall bearish signals in the weekly and monthly time frames. The Dow Theory indicates no trend on the weekly and a mildly bearish stance on the monthly. Despite a bullish OBV on the monthly, the overall technical picture remains bearish.
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