Is Elantas Beck technically bullish or bearish?

Jun 21 2025 08:04 AM IST
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As of June 20, 2025, Elantas Beck's technical trend is neutral with mixed indicators, showing a mildly bullish weekly MACD and a mildly bearish monthly MACD, while Bollinger Bands suggest potential upward movement, but daily moving averages indicate short-term bearishness, resulting in a weak overall trend with no clear direction.
As of 20 June 2025, the technical trend for Elantas Beck has changed from mildly bullish to sideways. The current stance is neutral, with mixed indicators influencing the outlook. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, the daily moving averages are mildly bearish, which could weigh on short-term performance. The KST shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, further contributing to the indecisive stance. Overall, the strength of the current trend is weak, with no clear direction established.
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