Is Elecon Engg.Co technically bullish or bearish?

Oct 02 2025 08:19 AM IST
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As of October 1, 2025, the trend has shifted to mildly bullish due to daily moving averages, but caution is advised as weekly MACD and KST remain mildly bearish, indicating mixed signals.
As of 1 October 2025, the technical trend has changed from mildly bearish to mildly bullish. The current 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 bullish signal on the monthly timeframe, which supports the overall mildly bullish outlook. Despite the recent price increase from the previous close, the weekly indicators reflect mixed signals, indicating a need for careful monitoring.
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