Is Elecon Engg.Co technically bullish or bearish?

Jul 06 2025 08:04 AM IST
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As of July 4, 2025, Elecon Engg.Co's trend has shifted to bullish with moderate strength, supported by bullish MACD, moving averages, and OBV, though caution is advised due to mildly bearish monthly MACD and KST 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 moderate strength. Key indicators driving this include a bullish MACD on the weekly time frame, bullish moving averages on the daily chart, and a bullish On-Balance Volume (OBV) on both weekly and monthly time frames. However, the monthly MACD and KST remain mildly bearish, indicating some caution. The Bollinger Bands are also mildly bullish on both weekly and monthly charts, supporting the overall bullish sentiment.
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