Is Elecon Engg.Co technically bullish or bearish?
As of September 4, 2025, the market trend is neutral with mixed signals; while daily indicators show mild bullishness, weekly and monthly indicators remain bearish, indicating indecision and a lack of strong momentum.
As of 4 September 2025, the technical trend has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a lack of strong upward momentum. The RSI shows no signal on both weekly and monthly time frames, suggesting indecision. Bollinger Bands and KST are both mildly bearish on the weekly and monthly charts, further supporting a lack of bullish strength. However, daily moving averages are mildly bullish, and the OBV is mildly bullish on the daily but bearish on the monthly, indicating some short-term buying interest. Overall, the lack of a clear trend and mixed indicators suggest a neutral stance with no strong conviction in either direction.
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