Is Elecon Engg.Co technically bullish or bearish?

Jul 05 2025 08:06 AM IST
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As of July 4, 2025, Elecon Engg.Co shows a bullish trend supported by daily moving averages and a bullish MACD, though caution is advised due to mixed signals from monthly indicators.
As of 4 July 2025, the technical trend for Elecon Engg.Co has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the daily moving averages and a bullish MACD on the weekly timeframe. The Bollinger Bands also reflect a mildly bullish sentiment on both weekly and monthly charts. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish stance is supported by the daily moving averages and the weekly OBV, despite mixed signals from longer-term indicators.
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