Is Elecon Engg.Co technically bullish or bearish?
As of July 7, 2025, Elecon Engg.Co's technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite mixed signals from monthly indicators.
As of 7 July 2025, the technical trend for Elecon Engg.Co has changed from bullish to mildly bullish. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, supporting a positive outlook. Daily moving averages also reflect a mildly bullish stance. However, the KST shows a bullish weekly trend but is mildly bearish monthly, and the OBV is bullish monthly, suggesting some strength in buying pressure. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some bearish signals on the monthly indicators.
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