Is Engineers India technically bullish or bearish?

Jul 07 2025 08:03 AM IST
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As of July 4, 2025, the trend is bullish with strong indicators like the weekly MACD and Bollinger Bands supporting this view, despite a bearish weekly RSI indicating some short-term weakness.
As of 4 July 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 and Bollinger Bands are both bullish, while the daily moving averages also confirm a bullish trend. However, the weekly RSI is bearish, indicating some short-term weakness. The KST is bullish on the weekly but mildly bearish on the monthly, suggesting mixed signals in different time frames. Overall, the bullish trend is supported by the recent price action, with today's high reaching 245.50, above the previous close of 235.00.
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