Is Elin Electronics technically bullish or bearish?

Jun 13 2025 08:07 AM IST
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As of June 12, 2025, the technical trend is mildly bullish, supported by the weekly MACD and Bollinger Bands, despite mixed signals from daily moving averages and Dow Theory.
As of 12 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, supported by a bullish reading from the Bollinger Bands on both weekly and monthly time frames. The KST is also mildly bullish on a weekly basis. However, the daily moving averages show a mildly bearish signal, and the Dow Theory indicates a mildly bearish stance on the weekly chart. The RSI shows no signal on both weekly and monthly time frames. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.
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