Is Electrotherm(I) technically bullish or bearish?

Jun 13 2025 08:06 AM IST
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As of June 12, 2025, the market trend is bullish with strong indicators, despite some mixed signals from monthly metrics, highlighted by a 51.73% return over the past year compared to the Sensex's 6.64%.
As of 12 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also indicate a bullish trend. However, the monthly MACD and KST are mildly bearish, and the Dow Theory shows a mixed signal with a mildly bearish weekly stance and a mildly bullish monthly stance. Overall, the strength of the bullish trend is reinforced by recent price action, including a significant return of 51.73% over the past year compared to the Sensex's 6.64%.
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