Is Elantas Beck technically bullish or bearish?

Jul 13 2025 08:03 AM IST
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As of July 11, 2025, Elantas Beck shows a mildly bullish trend supported by bullish weekly MACD and Bollinger Bands, though caution is warranted due to mildly bearish monthly MACD and daily moving averages.
As of 11 July 2025, the technical trend for Elantas Beck has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by several key indicators. The weekly MACD is bullish, supporting the upward momentum, while the monthly MACD is mildly bearish, indicating some caution. Bollinger Bands are bullish on both weekly and monthly time frames, suggesting price strength. The Dow Theory also reflects a mildly bullish stance on both weekly and monthly charts. However, the daily moving averages are mildly bearish, which introduces some short-term weakness. Overall, the strength of the bullish trend is tempered by mixed signals from the moving averages and monthly indicators.
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