Is Elecon Engg.Co technically bullish or bearish?
As of October 10, 2025, Elecon Engg. Co's technical trend has shifted to mildly bearish, indicated by bearish MACD readings, Bollinger Bands, and underperformance against the Sensex.
As of 10 October 2025, the technical trend for Elecon Engg.Co has changed from mildly bullish to mildly bearish. The current stance is mildly bearish, driven by weekly and monthly MACD readings indicating bearish momentum, along with Bollinger Bands showing bearish conditions. The KST and OBV also reflect bearish trends on a weekly basis. Although daily moving averages are mildly bullish, the overall indicators suggest a weakening position. The stock has underperformed significantly compared to the Sensex over various time frames, particularly in the last year and month.
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