Is Elecon Engg.Co technically bullish or bearish?

Sep 11 2025 08:08 AM IST
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As of September 10, 2025, the trend has shifted to mildly bullish due to daily moving averages, but caution is advised as weekly indicators like MACD and KST remain mildly bearish.
As of 10 September 2025, the technical trend has changed from mildly bearish to mildly bullish. The current technical stance is mildly bullish, driven primarily by the daily moving averages indicating bullish momentum. However, the weekly MACD and KST remain mildly bearish, suggesting some caution. The Bollinger Bands show a mixed signal with a bullish monthly outlook, while the Dow Theory indicates a mildly bullish weekly stance. Overall, the strength of the bullish signal is tempered by the bearish indicators on the weekly time frame.
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