Is Elecon Engg.Co technically bullish or bearish?

Aug 21 2025 08:07 AM IST
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As of August 20, 2025, Elecon Engg.Co's technical trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as weekly indicators are bearish while monthly Bollinger Bands indicate bullishness, resulting in overall weak trend strength and market uncertainty.
As of 20 August 2025, the technical trend for Elecon Engg.Co has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD, KST, and OBV are all mildly bearish, while the monthly Bollinger Bands show a bullish signal. Daily moving averages indicate a mildly bullish trend. The RSI shows no signal for both weekly and monthly time frames. Overall, the strength of the trend is weak, reflecting uncertainty in the market direction.
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