Is Elantas Beck technically bullish or bearish?

Jun 26 2025 08:07 AM IST
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As of June 25, 2025, the market trend is sideways with mixed signals: weekly indicators show mild bullishness while monthly indicators lean bearish, resulting in a weak overall stance and uncertainty in direction.
As of 25 June 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating a divergence in momentum. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward movement. However, daily moving averages are mildly bearish, which adds to the uncertainty. The KST shows a mildly bullish stance weekly but is bearish monthly, and Dow Theory remains mildly bullish on both time frames. Overall, the strength of the current stance is weak, reflecting the sideways trend and lack of clear direction.
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