Is Electrotherm(I) technically bullish or bearish?

Oct 29 2025 08:21 AM IST
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As of 28 October 2025, the trend is mildly bullish due to daily moving averages and weekly MACD signals, but mixed monthly indicators and bearish weekly Bollinger Bands suggest caution.
As of 28 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 and the weekly MACD also showing a bullish signal. However, the monthly indicators present a mixed picture, with the MACD and KST both mildly bearish, and the Dow Theory indicating a mildly bearish stance on the weekly timeframe. The Bollinger Bands show a bearish signal on the weekly but a mildly bullish signal on the monthly, adding to the mixed sentiment. Overall, while there are bullish signals in the daily and weekly timeframes, the presence of bearish indicators in the monthly analysis suggests caution.
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