Is Elin Electronics technically bullish or bearish?

Sep 24 2025 08:14 AM IST
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As of September 23, 2025, Elin Electronics has a bullish technical stance, supported by a bullish MACD, Bollinger Bands, and moving averages, despite a mildly bearish monthly MACD.
As of 23 September 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for Elin Electronics is bullish with moderate strength. Key indicators driving this stance include a bullish MACD on the weekly chart, bullish Bollinger Bands on both weekly and monthly time frames, and a bullish daily moving average. The KST shows a mildly bullish signal on the weekly, while the Dow Theory also indicates a mildly bullish trend. Despite the monthly MACD being mildly bearish, the overall technical picture remains positive, supported by strong recent performance against the Sensex.
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