Is Elpro Internatio technically bullish or bearish?
As of November 13, 2025, the market trend is mildly bearish, driven by bearish weekly MACD and KST indicators, despite some daily bullish signals, indicating moderate bearish sentiment overall.
As of 13 November 2025, the technical trend has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the weekly MACD and KST indicators, both of which are bearish. The Bollinger Bands also indicate a mildly bearish trend on both weekly and monthly time frames. While the daily moving averages show a mildly bullish stance, this is overshadowed by the overall bearish signals from the weekly indicators. The Dow Theory suggests a mildly bullish trend on a monthly basis, but the lack of a clear trend on the weekly chart further supports the bearish outlook. Overall, the strength of the bearish sentiment is moderate, influenced by the recent price action and broader market comparisons.
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