Is Elin Electronics technically bullish or bearish?

Oct 27 2025 08:10 AM IST
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As of October 24, 2025, the trend is bullish with moderate strength, supported by bullish MACD and Bollinger Bands, although caution is advised due to a mildly bearish monthly MACD and Dow Theory signals.
As of 24 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish signals from Bollinger Bands on both weekly and monthly timeframes, and a bullish daily moving average. The RSI on the monthly timeframe is also bullish, supporting the overall positive outlook. However, the monthly MACD remains mildly bearish and the Dow Theory indicates a mildly bearish stance on the weekly timeframe, suggesting some caution.
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