Is Elgi Equipments technically bullish or bearish?

Jun 15 2025 08:02 AM IST
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As of June 13, 2025, Elgi Equipments shows a neutral trend with mixed signals, as weekly indicators are mildly bullish while monthly indicators are mildly bearish, indicating a lack of strong directional momentum.
As of 13 June 2025, the technical trend for Elgi Equipments has changed from mildly bearish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD and KST are mildly bullish, while the monthly MACD and KST are mildly bearish. The Bollinger Bands indicate a bullish stance weekly but mildly bearish monthly. Daily moving averages are mildly bearish, which contrasts with the bullish signals from the OBV on both weekly and monthly charts. Overall, the indicators suggest a lack of strong directional momentum at this time.
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