Is Elecon Engg.Co technically bullish or bearish?

Jul 11 2025 08:04 AM IST
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As of July 10, 2025, the trend is mildly bullish, supported by weekly indicators like MACD and Bollinger Bands, despite mixed signals from monthly indicators.
As of 10 July 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the weekly MACD and Bollinger Bands indicating bullish momentum, while the monthly MACD and KST show mildly bearish signals. The daily moving averages are also mildly bullish. The Dow Theory reflects a mildly bullish trend on the weekly timeframe, but no trend on the monthly. Overall, while there are mixed signals across different timeframes, the prevailing sentiment leans towards a mildly bullish outlook.
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