Is Elin Electronics technically bullish or bearish?

Oct 26 2025 08:11 AM IST
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As of October 24, 2025, the trend is bullish with strong indicators like the weekly MACD and daily moving averages supporting this view, although caution is advised due to a mildly bearish signal from Dow Theory on the weekly timeframe.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the moving averages on the daily timeframe are also bullish. Additionally, both the weekly and monthly Bollinger Bands show bullish signals. The monthly RSI is bullish, reinforcing the positive momentum. However, the weekly KST is mildly bullish, and the Dow Theory indicates a mildly bearish stance on the weekly timeframe, which suggests some caution. Overall, the strength of the bullish trend is supported by multiple indicators, particularly in the daily and weekly timeframes.
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