Is Elecon Engg.Co technically bullish or bearish?

Nov 18 2025 08:31 AM IST
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As of November 17, 2025, Elecon Engg. Co. is in a sideways market condition with mixed technical signals, showing a transition from mildly bearish to neutral across various indicators.
As of 17 November 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across different indicators. The weekly MACD remains bearish, while the monthly MACD is mildly bearish. The Bollinger Bands indicate a bearish trend on the monthly timeframe and a mildly bearish stance on the weekly. Moving averages show a mildly bullish signal on the daily timeframe, contrasting with the weekly KST, which is mildly bullish, but the monthly KST is mildly bearish. Dow Theory indicates no trend on the weekly and a mildly bearish trend on the monthly. Overall, the lack of strong bullish or bearish signals suggests a sideways market condition for Elecon Engg.Co.
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