Is Eldeco Housing technically bullish or bearish?

Jul 25 2025 08:06 AM IST
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As of July 24, 2025, Eldeco Housing's technical trend is mildly bearish, indicated by bearish momentum in the MACD, moving averages, and Bollinger Bands, despite some mixed signals from the KST and Dow Theory.
As of 24 July 2025, the technical trend for Eldeco Housing has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD indicating bearish momentum and the daily moving averages also showing a bearish trend. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the negative outlook. The KST shows a bullish signal on the weekly but is mildly bearish monthly, while Dow Theory presents a mixed view with a mildly bearish weekly and mildly bullish monthly. Overall, the lack of strong bullish signals in the RSI and OBV further supports the mildly bearish stance.
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