Is Elin Electronics technically bullish or bearish?

Jun 26 2025 08:08 AM IST
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As of June 25, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite mixed signals from daily moving averages and other indicators.
As of 25 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are also bullish, supporting the positive sentiment. However, the daily moving averages indicate a mildly bearish stance, which contrasts with the overall bullish trend. The KST is mildly bullish on the weekly timeframe, while the RSI shows no signal on both weekly and monthly charts. Dow Theory indicates no trend in both weekly and monthly perspectives. Overall, the current technical stance is mildly bullish, driven primarily by the bullish MACD and Bollinger Bands, despite some mixed signals from other indicators.
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