Is Elin Electronics technically bullish or bearish?

Jul 11 2025 08:05 AM IST
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As of July 10, 2025, the technical trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite some short-term weakness indicated by daily moving averages.
As of 10 July 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the Bollinger Bands also indicate a bullish stance on the weekly chart and a mildly bullish stance on the monthly chart. The KST is mildly bullish on a weekly basis, further reinforcing the bullish sentiment. However, the daily moving averages are mildly bearish, suggesting some short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.
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